North West
South Africa
Sector
Manufacturing
Project Name
Motwenene Empowerment Project
Project Description
Motwenene aims to recycle used tyres in the Western Frontier SDI. This project will be able to provide the market with products that that spans the following range: crumb, granule, buffings dust, and garden mulch.
Location
Mafikeng – Western Frontier SDI
Project Rationale
Motwenene project through its founding member has researched the industry and conducted a feasibility study to determine the merit of pursuing this opportunity. As a campaigner for the preservation of the environment, the founding members realized that the degradation of the environment, through dumping, burning of old tyres is not friendly to the environment. Buried tryres do not break down easily which causes ground instability and have a tendency to resurface later through ground movement such as soil erosion.
Burnt tyres release toxic gases into the atmosphere which contribute to problems such as climatic changes and global warming. A viable option therefore appears to be recycling which extend the life of rubber to the benefit of the environment.
Project Value
R15 580 000
Funding Requirements
100% Funding Required
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Project Name
Namelang Trading (Pty) Ltd
Project Description
Namelang Trading is a black-owned and managed Cement Manufacturing company that will manufacture and supply cement in South Africa. Namelang will be established in close proximity to the lime deposit.
Location
Kraalhoek – Platinum SDI
Project Rationale
The cement sourced by Namelang trading will be used mainly in the construction of all the earmarked developments in the surrounding areas.
Project Value (ZAR)
Total estimate R2 003 045 322.00
Funding Requirements
Monthly Costs: R3 045 322
Salaries and Wages:
R2 793 999
Rent: R143 499
Advertising: R21 000
Delivery Expense: R24 999
Telephone: R15 000
Other
Utilities: R18 492
Insurance: R13 333
Legal and other professional fees: R15 000
One-Time Costs: R2 000 000 000
Machinery and Equipment: R2,000 000 000
ROI projections
Over 3 years 29% - 52%
Partnering for success in building a North West Province that truly belongs to all. For information about these projects contact Invest North west:
Tel: +27 14 594 2570
Email: inw@inw.org.za
Website: www.inw.org.za
