Absa, Distell honoured for supporting township SMEs in SA

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Two lecture halls at the University of Stellenbosch Business School (USB) in Bellville will carry the names of the golden sponsors of the USB’s Small Business Academy (SBA) for five years. The sponsors are Absa and the Distell Foundation.

The SBA accepted its first intake of participants this year, consisting of about 20 small business owners in Khayelitsha. They are currently completing the final phase of the development programme, covering training, mentoring by USB alumni, integration with USB students, practical workhops and the development of a business plan.

The Distell plaque was today unveiled by Professor Wim Gevers, USB: academic head, and Vernon de Vries, Distell’s head of corporate affairs.

The Absa plaque was unveiled by, Meredith Ryan, centre manager: Enterprise Development and Marietjie Wepener, USB marketing head.

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