The Appliance Bank trains unemployed men to repair and sell damaged goods
Unemployment levels are off the charts in South Africa and this clever initiative is making a dent and offering a unique solution.
The Appliance Bank, a brother project of the Clothing Bank, trains unemployed men, fathers, in particular, to repair returned damaged appliances in order to resell them in their communities.
Refilwe Moloto speaks to Tracy Gilmore, co-founder of the Clothing Bank and its brother project, The Appliance Bank. about the project.
She explains how the project teaches men the skills needed to repair damaged and customer-returned small appliances. The goods are received from its retail partners such as Clicks, Checkers and Home of Living Brands.
Gilmore says the benefits of the project are multi-pronged as it not only solves unemployment but also helps companies house rejected goods, helps in the fight against waste and promotes sustainability. It also earns companies points for corporate social responsibility.
She says backers of the project are so impressed with its success that once they come on board, they stay.
Take a listen ho this initiative helps train men in repairs and sales below:
A witness will reveal that money that went to Thalente Myeni’s firm ended up with the Jacob Zuma Foundation, says Ferial Haffajee.Read More
Refilwe Moloto and Pieter Koekemoer get their hands dirty and find out how offshore investing works, practically.Read More
The insurer may not appoint a new CEO – it’s unlawful, argues Eric Mabuza, lawyer of Old Mutual’s disgruntled former CEO.Read More
Kieno Kammies asks personal finance expert Paul Roelofse (CFP) to share some opportunities to pay less before the tax year ends.Read More
“It’s a human rights violation. We've been persecuted under a law without evidence,” says Myrtle Clarke (Dagga Couple).Read More
Hiking the VAT rate won't be a popular move, but Finance Minister Tito Mboweni is running out of options.Read More
Cape Town Mayor Dan Plato says City awaiting further clarity, but is "delighted" at Ramaphosa's IPP announcement during Sona.Read More
Tony Budden (Hemporium) responds to Ramaphosa's Sona announcement - SA has to play catch-up, learn from global best practise.Read More
For most people, it's not easy to talk about money with a partner. Financial planner Sylvia Walker has advice.Read More
The Labour Court has thrown out a union bid to stop retrenchments at SAA. Clement Manyathela talks to Numsa's Phakamile Hlubi.Read More