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Sife Ukzn Annual Report
Sife Ukzn Annual Report
Sife Ukzn Annual Report
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Sife Ukzn Annual Report

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  • 1. SIFE-UKZN ANNUAL REPORT 2009 UNIVERSITY OF KWAZULU-NATAL ABOUT SIFE-UKZN SIFE-UKZN continues with growth and changing lives of the people in the communities. From the team of 56 active members last year to 96 active members this year, we have recently established a new team in Howard College Campus. The team is diverse with students from different disciplines, and levels of education. Our team comprises of the different race and ethnic groups SIFE-UKZN has embarked on different projects reaching larger scales of KwaZulu-Natal i.e. Durban, Pietermaritzburg, Howick and Zululand. The support we get from our sponsor and institution enables our team to run our projects efficiently and effectively, Ø UKZN +/- R64 000 Ø OLD MUTUAL +/- R35 000 The dedication of the SIFE-UKZN team with our faculty adviser, co-advisor and the support from our Alumni and Business Advisory Board, made it possible to give hope, skills and implementing the projects with positive impact in our communities and concurrently addressing SIFE pillars. Programs & Projects PROGRAMS & PROJECTS: CRITERIA MET Hours 1.Agric Program 0 1.1 Ixhiba Project 1 2 3 4 5 6 7 150 1.2 Umbumbulu Community 1 2 3 4 5 6 7 950 2.Glass Recycling 1 2 3 4 5 6 7 70 Academic Year 3.Investment Catalyst 1 2 3 4 5 6 7 290 0 4.Ukukhanya Program 4.1 Umcebo 1 2 3 4 5 6 7 150 5.Women Empowerment Project 5.1 Malambule Bakery Project 1 2 3 4 5 6 7 125 5.2 BEE-WILD 1 2 3 4 5 6 7 668 5.3 St Clement 1 2 3 4 5 6 7 153 6. Learn Entrepreneurship Challenge 1 2 3 4 5 6 7 1 400 7.Local Economic Development 1 2 3 4 5 6 7 67 INCUBATOR PROJECTS: 8.Unizul Project 1 2 3 4 5 6 7 88 Breakdown of Gender TOTAL HOURS 4 111 1.Financial Literacy 2.Success Skills 3.Entrepreneurship Skills 4.Business Ethics 5.Market Economics 6.Sustainability 7.Environmental Sustainability Topic addressed Topic not addressed Media Coverage Media Reach Gross Impact Newspapers Isolezwe [Daily] 667 000 Daily News [Daily] 346 000 Field of Study UKZNdaba [Monthly] 13 000 1 026 000 Web Coverage University of KwaZulu-Natal Website 50 000 Umcebo Trust Website 24 000 74 000 Radio Ukhozi FM 5000 000 SAFM 600 000 5 600 000 Total Reach: 6 700 000
  • 2. Agric Program This project aims to enhance Agricultural 2. Umbumbulu activities by coming up with various techniques that achieve the most Community Project effective use of every bit of farming. There are two main projects that fall PROJECT IMPACT The cost of food is consistently rising PROJECT IMPACT under this program. and therefore more and more people Ø Secured the (especially from marginalized Ø Secured 1.5 million funding 1. Ixhiba Lamakhosikazi sponsorship for two backgrounds) are not able to afford it. tunnels SIFE-UKZN then came up with the Ø Creation of 47 This project was launched on the 3rd Ø An increased profit idea of homestead farming in the sustainable jobs March 2008. We seek to attain the of R500 disadvantaged communities to counter the food crisis. A co-operative of 47 Ø 120 people most proficient use of the tunnels Ø Source of income impacted, each whilst showing maximum production women was initiated and they were for 11 women with an average of growth. We have trained 11 women. trained ion tunnel management classes 5 dependants A series of workshops were Ø A second tunnel conducted that ensure ways for sponsored by Launch date: 3rd March 2008 Ø Net profit from optimal use of the tunnel. Through AMCUP eleven tunnels Financial literacy the women were R1782 taught better pricing and marketing strategies and this initiative is a medium term project. Glass Recycling Project Investment Catalyst This project aims to create new This project aims to create a culture income opportunities for unemployed of investment among students. youth through realizing the Implementation of the project consists importance of preserving the PROJECT IMPACT of 3 phases. These include “Lifestyle EXPECTED IMPACT environment. We targeted the most versus Investment” workshops populated township of Ø Created 5 new conducted in various institutions, Ø Development of a Pietermaritzburg, IMbali Township. employments establishment of investment culture of investment among Ø Increased number information centers (to sustain students We identified unemployed people of people awareness raised through workshop) with the drive for business. This and establishment of an investment Ø Lower NSFAS loan awareness about default rate culminated through a financial literacy environmentally scheme for students of the National workshop. Activities began after an sustainability Students Financial Aid Scheme Ø Growth of NSFAS agreement with the local councilor [NSFAS] which will be facilitated by a fund base Ø Saving 4200 l of oil to use a section of the designated partnership between NSFAS and a unit per month land. We collected bottles from the trust company. most glass bottle-producing Ø More than 30 tons This concept has been developed with shebeens /taverns within iMbali of raw material left the assistance of Mr. F Kwenda Township. Collection occurs twice a conserved (Economics and Finance), Dr. S week on Mondays and Fridays. 30 Mataramvura (Statistics and Actuarial tons of collected used glass will Science) lecturers and Old Mutual . generate R12, 000 paid by Nampak. Project launched on the 20 May 2009. 2
  • 3. Ukukhanya Program Learn Entrepreneurship UMCEBO This is a non-profit organization that Challenge was initiated by Robin Opperman and was registered on the 22nd of May 2003. PROJECT IMPACT PROJECT IMPACT Since its inception in 2006, the Learn Umcebo Trust members produce Ø Administrative work Entrepreneurship Challenge (LEC) Ø Over 1050 grade sculptures, décor items and chandelier decreased project continues to make 11 Learners lights that are decorated with beads, contribution in overcoming the high completed program recycled wastes and other materials. Ø Upgrade to modern rate of unemployment by instilling a The main focus for now is to secure efficient Pastel Ø 4 young culture of entrepreneurship. The LEC the basics, such as facilitating easy application entrepreneurs project equipped Grade 11 learners accessible databases, marketing the (modern created with practical business skills to shop thus creating a stable demand computerized accounting system) prepare them for the business world. Ø Over R41 000 for the art. This project has three phases which revenue generated Umcebo has worked closely with Old Ø Reduced consists of; workshops on this year alone, Mutual. The team researched and operations cost, reached larger preparation of a business plan, obtained databases with critical increase customer scales operating small businesses and the requirements from funders that will be base. annual LEC day. able to accommodate the transition of the shop. A material and stationery database gathered enables for comparison between suppliers. Women Empowerment Program (WEP) Women Empowerment Program is primarily 2. Malambule Bakery aimed at the upliftment of underprivileged women and underdeveloped female Project entrepreneurs, aspiring towards financial independence. The Malambule Bakery Project was PROJECT IMPACT recommended by Old Mutual, who EXPECTED IMPACT 1. St Clement requested SIFE-UKZN to assist and Ø Acqiure a loan ØThe bags have been empower the Malambule co-operative estimated at St Clement Home-Based Care is a branded and named: Afro to meet the criteria required to obtain R65 000 from Old facility for women and children that are the Masisizane fund. It aims to design Mutual Masisizane Collection infected or affected by HIV/AIDS. The a packaging for the bread, to brand fund centre was solely dependent and run Ø Linked them with a her product and to provide assistance on donations. SIFE-UKZN saw the contract customer, to ensure regular income through need to empower these women Mr Haffajee sufficient supply of low cost nutritional through financial literacy and small bread. The sample of the bread has Ø Bags that are business ownership workshops that personalized for been sent for testing to evaluate its enables them to harness the potential the Phumzile nutritional value. of their existing talent. 13 women from Mlambo-Ngcuka Assisted Malambula co-operative in the centre are now working together, Foundation and the registratin of their entity, open a sewing bags and accessories and secured an order of bank account and secure businees selling them to the public. R10 000 premises. 3
  • 4. WEP cont.. Local Economic Development 3. BEE-WILD Project This project aims to establish a valid relationship between local government, Black Economic Empowerment for PROJECT IMPACT non-governmental organizations and PROJECT IMPACT Women In Leadership Development. Ø 12 graduates local businesses. The project targets A project aimed at empowering women currently being underdeveloped subsistence farmers Ø Created employment for by providing them with information and mentored and unemployed individuals including 570 people knowledge on how to implement and woman in the rural areas situated on Ø Approval of more develop their businesses. It entails a the outskirts of Durban. 30 people were Ø promoting than 15 business 4 day intensive business skills plans trained.This relationship will brin g emerging about strong economic growth within enterprises workshops, addressing the writing of Ø Inkosithandile co- provincial level which will a business plan; financial literacy skills; op secured R575 business management skills; simultaneously lead to national 000 from Land leadership skills and computer literacy. economic growth. Affairs Graduates of the BEE-WILD This project is about strengthening the Ø More than 120 cotton industry by reviving its existence. programme are partnered with cleaning staff It aims at training small scale farmers successful business woman of the trained on small South African Women Entrepreneurs to manage and control farming on a business Network, who will mentor and guide ownership and large scale in KZN. Silver Solutions them for a year. financial literacy on benefits from locally produced cotton various campuses by reducing their costs of importing cotton from India. Business Advisory Board Members 2008-2009 Prof D. Chetty, Pro Vice-Chancellor, University of KwaZulu-Natal Sponsors Mr. T. Zondi, Deputy Director, Department of Economic Development Mr. M. Mkhonza, Chief Executive Officer, Umnotho Dream Big Pty Ltd Change Chagunda, Liaison Officer, SACBC Parliamentary Liaison Office Mr. L. Mzimela, Director: Corporate Communications, PALAMA Mr. N. Mbhele, Director & Project Manager, Mbhele Synergy Marketing cc Mr. Sifiso Mncube, Africa Vukani Investment Mr. Mayash Chetty, Chief Executive Officer, Msunduzi Housing Mr. Mqapheli Ngwenya, South African Breweries Limited Mr. A.J. Dlamini, Provincial Manager, Old Mutual Team President Faculty Advisor Institutional Administrator Mr. Z. Dladla Mr. P.M. Ndaba Mr. T. Wills

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