VEZ Technology (Pty) Ltd
| Business Location: | Urban |
| Province | Mpumalanga |
| Branch: | Gert Sibande |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Vez Technology is a manufacturer of cleaning chemicals, toilet paper manufacturer and contract cleaner.
Challenges/Needs:
Production capacity for product specific demand.
Access to funding.
Inadequate equipment (operational).
Lack of market access.
Product certification.
Intervention Insights and Results
Intervention Details:
Asset Assist Programs
Outcome Details:
Acquisition of a lifting machine, toilet paper table sealer and raw material through the Asset Assist Program.
An increase in the company’s turnover from R3 000 000.00 to R3 212 290.31
An increase in the company’s turnover from R3 000 000.00 to R3 212 290.31
Client Feedback
Client Comments:
It’s is all thanks to SEDFA that Vez Technology is not a commercial enterprise, but a vehicle for meaningful socio-economic development. The business model and expansion plan are designed to generate tangible benefits for individuals, communities and the South African Economy.
