What a win!
Ntsie Manufacturers and Projects, owned by Thomas and Rose Ntsie, makes cast iron pots for shop owners and individual buyers in the North West province town of Klerksdorp. They desperately needed R50 000 for pot moulds and R20 000 for raw materials to be able to expand, so Thomas decided to contact Seda for ideas.
Impressed by the quality and potential of the Ntsies’ operation, we suggested that they enter the Eskom Business Investment Competition. Going up against 29 SME finalists in the manufacturing sector of the national competition was no easy task.
But the Ntsies went for it, and scooped the R100 000 first prize!
The prize money instantly resolved their cash flow problems, allowing the company to buy the moulds and raw materials. They could now also hire another four workers, bringing the total number of jobs created to six. They now manufacture eight pots per production day and are investigating new product lines in the gardening and hardware sectors. We haven’t stopped there – we are now working on getting Ntsie new machinery to further increase productivity.