Home > United Nations Online Network in Public Administration and Finance (UNPAN)
1. Global
Global
2. Africa
Africa
3. Arab States
Arab States
4. Asia & Pacific
Asia & Pacific
5. Europe
Europe
6. Latin America & Caribbean
Latin America & Caribbean
7. North America
North America
UNPAN Africa
Public Administration News  
Share
Small Businesses Get South African Bureau of Standards Stamp (SABS)
Source: BuaNews
Source Date: Wednesday, December 14, 2011
Country: South Africa
Created: Dec 14, 2011

He said the agreement would see the quality assurance authority conduct product testing, run product quality systems training and certify co-operatives and other small businesses funded by the ECDC.

 

Ratlabala said by working together with the SABS, Small Medium Micro Enterprises (SMMEs) and co-operatives could reduce research and development costs.  

 

“We have 6 500 International Organisation for Standardisation (ISO) standards. It takes up to three years of research and development to get a standard written. Instead of spending tens of thousands of rands, small businesses can just buy a standard for R300 and produce according to what has been done before.”

 

As part of the agreement, the ECDC will provide the SABS with R3 million to assist small businesses and co-operatives. The SABS’s office in East London, which previously catered only for businesses in the automotive sector, will now extend its services to other business sectors, as well as train ECDC personnel in product quality testing. 

 

ECDC CEO Sitembele Mase said the agreement would see especially rural based co-operatives and other small businesses boost product quality and gain better market access.

 

“The profile of entrepreneurs to whom we lend money is largely rural. Because they lack managerial and technical skills, they have difficulty in accessing markets due to low product quality.”

 

He said the move to improve product quality was informed by the result of research conducted, and was part of the non-financial support ECDC provides small businesses.

 

“It is our duty as a development finance institution to develop other aspects of their businesses, which in the long run will translate to extending their markets and ultimately encouraging rural economic development.”

 

ECDC employees will undergo a six-month product quality systems training and certification for co-operatives and small businesses.
News Home

 Tag This
 Tell A Friend
del.icio.us digg this Slashdot
Rate:
0 ratings
Views: 269

Comments: 0 Bookmarked: 0 Tagged: 0



0 Comments | Login to add comment

Site map | FAQs | Terms and Privacy | Contact Us
Copyright 2008-2010 by UNPAN - United Nations Public Administration Network