CityPress - - Busi­ness -

Recog­nis­ing the growth of township economies and the role of the spaza shop in­dus­try, Glax­oSmithK­line launched the Grand-Pa Spaza Academy in 2013, reach­ing out to mi­croen­ter­prises with an in­no­va­tive in­ter­ven­tion to as­sist with the de­vel­op­ment of ba­sic busi­ness skills.

The chal­lenges fac­ing th­ese small en­ter­prises are many and in­clude ac­cess to re­sources, the per­cep­tion that spaza shops are not le­git­i­mate busi­nesses and a lack of busi­ness sup­port net­works. Added to this is an in­creas­ingly com­pet­i­tive en­vi­ron­ment.

The Grand-Pa Spaza Academy cur­ricu­lum is de­signed specif­i­cally for spaza shop own­ers – fo­cus­ing on de­vel­op­ing ba­sic busi­ness skills, and un­der­stand­ing the fun­da­men­tals of mar­ket­ing and cus­tomer re­la­tions, as well as the ef­fec­tive use of re­sources and fi­nan­cial man­age­ment.

Since its in­cep­tion in 2013, over 1 000 spaza shop own­ers have ben­e­fited from the GrandPa Spaza Academy. As a re­sult, pre­vi­ous par­tic­i­pants have seen growth in their busi­nesses and a greater level of success.

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