Entrepreneurs are considered important catalysts in stimulating growth in global economies and creating much-needed viable jobs. According to the United Nations University, Entrepreneurs in emerging economies like the BRICS nations have experienced impressive growth by a veritable entrepreneurial revolution.
Southern African cement supplier PPC Ltd has recognised the need to help stimulate the local economy. The company has partnered with a local entrepreneur Eddie Ratsoma to create an enterprise development initiative known as Ratsoma PPC. This partnership will look to stimulate infrastructure development in the Sekhukhune area in Limpopo by increasing the supply of cement in the area. Cement will be stored and supplied in containers in and around Sekhukhune with a warehouse facility that feeds all of the containers. It will also identify willing entrepreneurs in this instance, and provide seed funding, merchandise, marketing material and branding support to start up. This initiative will not only be rolled out in Limpopo. The company already has a container in Gauteng and the will be looking to expand it even further in the economic capital of South Africa.Ratsoma PPC
Ratsoma PPC forms part of one of the cement supplier’s core values, to help better the lives of the local communities in which it operates and to become a responsible corporate in South Africa. PPC Managing Director of cement sales in South Africa, Richard Tomes, said, “This particular partnership has been successful and has witnessed Ratsoma become not only a supplier of cement, but an entrepreneur operating in the construction development of larger Limpopo projects such as the construction of shopping malls.”