Phaphama Small Enterprise Development Initiative

Phaphama was founded at the end of 2014 by a small group of dynamic and committed UCT students, with a mission to strengthen the entrepreneurial capacity of small enterprises in Khayelitsha.

Our mission is to strengthen the entrepreneurial capacity of small business owners in Khayelitsha

Katie Farrand,Phaphama Small Enterprise Development Initiative

Phaphama facilitates the exchange of business knowledge between UCT students and small business owners through a two hour weekly sessions at the Harare Library, in Khayelitsha.

Each entrepreneur is teamed for the entirety of the programme with three student consultants. These groups allow students to give specialised and relevant attention to their entrepreneur, and focus on whatever challenge their entrepreneur faces.

We take students from all faculties across the university

Katie Farrand,Phaphama Small Enterprise Development Initiative

The students aim to make maximum impact by directly addressing the challenges faced by the entrepreneur.

Phaphama's main focus areas are financial management and marketing. They also act as a platform of information access and as a source of social capital for entrepreneurs.

Their ultimate vision is to empower its client businesses to grow into sustainable small- to medium sized businesses.

We are a point of reference to help the entrepreneurs to access services they wouldn't otherwise

Katie Farrand,Phaphama Small Enterprise Development Initiative

Check out Phaphama's crowdfunding page: https://www.backabuddy.co.za/charity/profile/phaphama-small-enterprise

Listen to full interview with Cape Talk's Africa Melane:

Read More
SA government send heart-felt condolence to Cuba

SA government send heart-felt condolence to Cuba

Following the announcement of the passing of former Cuban President Fidel Castro, President Jacob Zuma sends condolences to Cuba.

Choosing the right pension plan

Choosing the right pension plan

Personal finance expert, Paul Roelofse, explains the best options available when choosing a pension plan.

How to save before the festive season

How to save before the festive season

If you haven’t been saving for this costly event then you have four pay cheques to go to create a nest egg to help your through.

What the ConCourt garnishee judgment means if you're in debt

What the ConCourt garnishee judgment means if you're in debt

Financial fitness coach, Paul Roelofse looks at a recent ruling that changes the way garnishees are administered.

The ups and downs of gold...

The ups and downs of gold...

It’s been exactly 12 months since financial fitness coach last spoke about gold as an investment option. Here are new insights.

3 financial attributes of women

3 financial attributes of women

Here are three areas women should focus on to further their investment prowess.