JOHANNESBURG - Transnet jointly with the Witwatersrand University have responded to challenges faced by aspiring entrepreneurs through the recent launch of Transnet Matlafatso Centre - an enterprise development centre located at Wits.
Transnet says the centre is set to change the face of the small, micro, medium enterprises in South Africa.
The centre is said to be a tool intended to give a boost to young entrepreneurs when it comes to accessing information, starting businesses, research and training.
"Transnet has invested in a “onestop-shop” centre that would assist aspiring entrepreneurs and SMMEs to explore and test their products before accessing the market," the company statement reads.
In his speech, at the launch, Transnet's Group Chief Executive, Siyabonga Gama said, "We are expecting to see great and disruptive ideas coming out of this centre. The investment should be used as a springboard for young people to catch up with other leading countries when it comes to research, innovation and technology".
Some of the projects currently live at centre include a proudly South African made Reconfigurable Desktop Computer Numerical Control Machine, a consumer product that can perform three functions such as milling, 3D printing and laser engraving.
Transnet revealed that this centre is the brainchild of the Transnet’s Enterprise and Supplier Development programme and would be later rolled out countrywide in order to reach broader communities. TMC is situated at Wits University’s Solomon Mahlangu Building and within the Tshimolong.
- BUSINESS REPORT ONLINE