Entrepreneurs trained on management

2017-11-02 06:00
PHOTOS: precious gumedeThembinkosi Mngoma trains entrepreneurs.

PHOTOS: precious gumedeThembinkosi Mngoma trains entrepreneurs.

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

SMART Xchange Port Shepstone SMMEs were trained on financial management on Tuesday.

The training was conducted by Thembinkosi Mngoma from Productivity SA.

Mngoma said Productivity SA’s mandate is to enhance the productive capacity of South Africa, catering for emerging and declining businesses and those on the verge of shutting down.

At the end of the training Mngoma said SMMEs will know how to calculate productivity measures, draw up cash flows, develop income statements, balance sheets and calculate basic financial indicators.

Smart Xchange centre manager, Fatima Sarigat said it is the centre’s mandate to develop SMMEs.

“This training on financial management will empower SMMEs to control the financial aspects of their business.

Training will be held over three days and involves practicals, which will help them have a better understanding, especially when they are asked to submit their projected business finances.

Entrepreneur, Siyabonga Cele said they will benefit from the training because they are starting their businesses from grass-roots level.

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
NEXT ON NEWS24X

Inside News24

 
/News
Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.