B-BBEE Level 1 group formed to accelerate the SA Transformation Shortcomings in the Manufacturing, Mining and Agro-Processing sectors.
Rifle-Shot Performance Holdings (RSPH) has partnered with Madala & Associates to create a B-BBEE Level 1 Partnership. Madala & Associates CEO, Dilley Naidoo, has been appointed Business Development Director at RSPH.
Both Ian Huntly and Dilley Naidoo have solid relationships with the Industrial Development Corporation (IDC), the Department of Trade and Industry (DTI), a variety of industry clusters, as well as top State-Owned Companies (SOCs).
SOC’s in particular seek to invest their Enterprise Development (ED) and Supplier Development (SD) funds in companies that have growth potential, and can deliver superior goods on time and within budget. Many manufacturing companies struggle with balancing all three and this is where the expertise of RSPH is of particular interest.
Benefits to RSPH’s customers will include a lot more engagement from SOC’s in terms of channelling Enterprise and Supplier Development funds their way. SOC’s will also have the peace of mind they require by ensuring the suppliers they invest in are going to grow and improve as a direct result of the business interventions and appropriate software systems provided by RSPH.
This is great news for manufacturers who want to improve and expand their businesses but have previously not had the funds to do so. Growth will happen much faster and the benefits will be far-reaching in terms of individual manufacturing companies, and the economy as a whole.