MEDO’s Man in London, Peter Burdin is the previous head of BBC Africa and is currently busy with laying down the groundwork for MEDO’s international expansion in London. Read from the man himself about what’s busy happening across the pond. Article by Peter Burdin.
When mentioning the word “empowerment”, especially in a politically active country like South Africa, thoughts often turn to gender, race, religion and minorities. People often think of quotas, numbers and requirements instead of thinking about the individuals to which the term pertains. Author Steve Maraboli defines empowerment as “the ability to refine, improve and enhance your life without co-dependency.” This is what empowerment should mean, the ability to be independent, and even more importantly, to be strong. We don’t look at empowerment as catch phrase, we see it as individuals finding the will and power to take control of their own destinies. Article by Carla de Klerk.
Supplier Development is becoming one of the most important focuses in South Africa with the revised BBBEE codes. Since 2012 MEDO has been spearheading intense workshop programmes nationally, aiming to empower entrepreneurs by providing training to assist those who have the ability to scale to the big leagues. Taking on one business at a time, our entrepreneurs are moving forward to become some of the most sought-after suppliers to major corporates around.
Councillor Garreth Bloor, Head of Economic Development for the City of Cape Town and star of our monthly live-streamed event Third Thursdays sat down with the MEDO team to discuss politics, entrepreneurship and innovation.
Maymoonah Stegmann, 16-year-old eleventh grader from the South Peninsula High School in Cape Town recently attended our Space Prep workshop from our Young Women in STEM programme. We caught up with the young lady to find out her thoughts on STEM, MEDO and that very exciting satellite…
We have a STEM problem. It is predicted that 80% of jobs require a STEM background where only 10% of young women in school currently have an interest in Maths and Science. To add some controversy, careers in STEM pay almost double per hour than non-stem careers. We need to get our schoolgirls into STEM and MEDO has decided to address the issue by allowing them to design a satellite.
“In summary, the main focus of the budget speech was centred on promoting economic growth through incentivising small business. This will be funded by cutting back government expenditure while increasing tax revenue.” By Chris Blair, MEDO Chairman and 21st Century Pay Solutions Group CEO
“I don’t know where to find opportunities.” That’s a line that should be burnt out of entrepreneurs’ vocabulary. Opportunities are abundant, around us everywhere. It is merely a choice to see them or not. An entrepreneur is someone who sees opportunities and gaps where no one else does. This means he or she isn’t poor. Poor, of course being the acronym, POOR: Passing Over Opportunities Repeatedly. The secret of success is saying "yes" to the right opportunities at the right time, something we train entrepreneurs to do in our Opportunity Recognition Workshops.
Businesses often confuse the two terms of ‘Sales’ and ‘Marketing’, believing that marketing will bring in the sales. This, however, is of course wrong. Where marketing costs money, sales is the one bringing money in, and after all, isn’t the definition of a sustainable business receiving more money that is going out? Let’s explore this concept so that we can come to a conclusion of a healthy relationship between sales and marketing so that when money does go out to marketing, it is efficient and effective. By Carla de Klerk, MEDO Editor-in-Chief
Grant Thornton’s managing director of verification services, Jenni Lawrence sat down with Carla de Klerk to discuss the changing BBBEE codes and the potential advantages it can hold for corporates and the economy.