Word from the President

Gatekeepers Must Fall: A New Era of Support for Black SMMEs

As the PBICT, we are excited to see a glimmer of hope for black SMMEs in South Africa. With SEFA now being transformed to help black SMMEs with purchase order funding, we have a fantastic opportunity to be supported in delivering our projects with a partner who cares.

This is a significant development, as it means that black SMMEs will no longer need to rely on middlemen to get access to the funding they need. This is a major step forward in the fight against corruption and gatekeeping, and it will open up a world of new possibilities for black-owned businesses.

We know that some opportunists will try to wedge themselves between us and SEFA. However, we must not fall victim to their greed. We must stand together and demand that gatekeepers fall.

This is a message for not only black SMMEs, but for all South Africans who are committed to building a more just and equitable society. We must all work together to ensure that black businesses have the support they need to succeed.

The Importance of Supporting Black SMMEs

Black SMMEs play a vital role in the South African economy. They create jobs, drive innovation, and contribute to economic growth. However, black SMMEs have historically faced significant challenges, including access to finance, mentorship, and markets.

The transformation of SEFA is a positive step towards addressing these challenges. By providing purchase order funding to black SMMEs, SEFA is helping them to overcome one of the biggest obstacles to growth.

The Benefits of SEFA’s Purchase Order Funding

SEFA’s purchase order funding provides a number of benefits to black SMMEs. First, it allows them to access the funding they need to fulfill orders, even if they do not have the upfront cash flow. Second, it helps them to build relationships with new customers. Third, it reduces their risk by providing them with a guarantee that they will be paid.

How We Can Ensure That Gatekeepers Fall

There are a number of things that we can do to ensure that gatekeepers fall and that black SMMEs have access to the support they need.

First, we must all work together to raise awareness of the challenges faced by black SMMEs and the importance of supporting them. We can do this by talking to our friends and family, sharing information on social media, and supporting black-owned businesses whenever possible.

Second, we must hold our government and businesses accountable for supporting black SMMEs. We can do this by writing to our elected representatives, attending public meetings, and boycotting businesses that do not support black SMMEs.

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