Observer on Saturday - - News - Sto­ries by Sicelo Maziya

wazi­land En­ter­prises De­vel­op­ment Com­pany (SEDCO) is grate­ful to His Majesty King Mswati III’s pres­ence in this years’ pres­ti­gious En­tre­pre­neur of the Year Awards (EYA) event.

The gov­ern­ment com­pany stated clearly that the event will re­main a key event for SEDCO and they ex­pressed their grat­i­tude that the head of state has seen it proper to grace the oc­ca­sion. They feel that this is tes­ti­mony that the King views the small, mi­cro and medium en­ter­prises (SMMEs) in­dus­try as key to the eco­nomic growth and de­vel­op­ment of the coun­try.

Manag­ing Di­rec­tor (MD) Dor­ring­ton Mati­wane and Se­nior Man­ager for Strat­egy Themba Dlamini dis­closed in an ex­clu­sive in­ter­view with the Ob­server on Sat­ur­day that the King’s pres­ence was co­in­ci­den­tal with a growth of 45 per cent on the busi­ness com­peti­tors in all cat­e­gories this year.

“We may want big­ger num­bers in terms of techno-savvy busi­nesses, but the num­bers are show­ing a huge growth of 45 per cent com­pared to 2016,” said Mati­wane.

Mati­wane also dis­closed that; “As a com­pany we are look­ing at boost­ing

Sthe num­ber for Swazis en­ter­ing and com­pet­ing ef­fec­tively in the dif­fer­ent cat­e­gories of the com­ple­tion”.

Dlamini fur­ther stated that the En­tre­pre­neur of the Year Awards (EYA) is a na­tional an­nual event hosted by SEDCO with a sole pur­pose of as­sist­ing SMMEs that are will­ing to start and grow their busi­nesses in their dif­fer­ent cat­e­gories.

Dlamini fur­ther said the sole pur­pose of SEDCO is to pro­mote an en­trepreneurial cul­ture among Swazis. “We are award­ing ex­cel­lence in the com­pe­ti­tion and all busi­nesses need to be able to do busi­ness in a pru­dent way as we ad­vo­cate for good busi­ness ethics. Dur­ing the months of Au­gust to Novem­ber it’s the sea­son of the SMMEs as that is the time when SEDCO is en­gag­ing with the sec­tor in the pre­lude of the com­pe­ti­tion event. We help them with mentoring as we put to­gether our col­lec­tive wis­dom, skills and ex­per­tise in de­vel­op­ing them as busi­ness peo­ple of the fu­ture,” added Mati­wane. Mati­wane also dis­closed that EYA event slo­gan speaks vol­umes on what is ex­pected of us, “nur­tur­ing fu­ture growth”.

Dlamini added; “SEDCO also ven­tures into per­sonal fi­nan­cial man­age­ment for the en­trepreneurs on top of the busi­ness man­age­ment they get in a bid for them to un­der­stand the im­por­tance of growth in that en­ter­prise they are un­der­tak­ing.”

“The com­pe­ti­tion hav­ing in­tro­duced the re­gional EYA awards has seen an in­crease in the busi­ness en­ter­ing the com­pe­ti­tion. How­ever, there are still dif­fer­ent lev­els of busi­ness know how and the ManziniEzul­wini and Mba­bane cor­ri­dor still have an up­per hand against other busi­nesses from other re­gions,” added Mati­wane.

Mati­wane fur­ther dis­closed that as a gov­ern­ment com­pany their man­date re­volves around em­pow­er­ing the stag­ger­ing growth from all the lev­els of busi­ness and the startup must grow to sur­vival­ist level.

BAYETHE: Se­nior Man­ager for Strat­egy Themba Dlamini and Manag­ing Di­rec­tor Dor­ring­ton Mati­wane thank His Ma­jestry for grac­ing the EYA event

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