FOCUS The LEDA group of
FOCUS The LEDA group of companies is the nucleus of service delivery Stimulating economic growth in Limpopo Province. Province to Harare in Zimbabwe. On the domestic front, the company acquired a permit to operate transportation services between Limpopo and Gauteng. The Limpopo Economic Development Agency (LEDA) has several subsidiary companies through which the agency executes its mandate from the Provincial Government of Limpopo. As such, they form the nucleus of service delivery. Great North Transport Great North Transport (GNT) provides transport services to commuters and passengers in the five districts of Limpopo Province and the eastern part of Mpumalanga. Transport is the backbone of the regional economy and in the past financial year GNT conveyed 22-million commuters in both provinces. Responding to regional economic integration in SADC, GNT entered a cross-border operation, transporting passengers from Limpopo Limpopo Connexion Broadband technology will drive the future economic growth of Limpopo Province. As markets open up for more industrial and consumer goods, the need for timeless, accurate information and data intensifies. Management in the private and public sectors understand that the future sustainability and longevity of their organisations hinges on the strength and quality of their products and services. This includes usability, safety, accessibility and affordability. All these aspects of future companies need highly technological solutions driven by reliable and high-speed connectivity. Limpopo Connexion's primary business focus is to develop the ITC industry and establish a Science and Technology Park as a centre for innovation and development of the Fourth Industrial Revolution. Over the past few years, Limpopo Connexion has run campaigns to persuade citizens to embrace technology. To date the LIMPOPO BUSINESS 2018/19 24
FOCUS company has developed websites for provincial departments, local government and state-owned enterprises, notably the Limpopo Department of Health, Great North Transport, LEDET, Limpopo Wildlife Resorts, the Marula Festival, Limpopo Gambling Board, Risima and Mopani TVET College. The improvements to the GNT website led to more private hire business and the number of enquiries increased substantially. The provincial broadband infrastructure to be rolled out will provide and enhance high broadband speed of connectivity for the public sector, members of the public and private businesses, reduce costs and improve efficiencies in transacting in the province and with the world. The task of creating a knowledge economy in a mostly rural province is a tough one, so the company began a skills training programme targeting young people. The aim is to create a technically knowledgeable pool of young entrepreneurs, professionals and administration personnel on whose technical competence the success of the broadband project will rest. This is in tune with the strategic intent of the Limpopo Province Human Resource Development strategy and it is an appropriate response to the skills set required in the modern global economy. As the focus of the country intensifies on beneficiation in agriculture and mining, unique material conditions applicable to each province will require effective, efficient and relevant programmes. Limpopo Connexion is providing a solution relevant to Limpopo. While funding remains a challenge for Limpopo Connexion, LEDA endeavours to find long-term funding and investing solutions that will propel it into a commercially sustainable company and continue to contribute to the development of the province. Corridor Mining Resources Mining and quarrying contributes 24.8% towards total national mining production, with agriculture and manufacturing contributing 2.6% and 2.3% respectively. Limpopo currently contributes 7.2%, translating to R3.11-billion to the national income. These economic statistics are based on the primary production statistics in agriculture, mining, logistics and manufacturing. Corridor Mining Resources is a diversified mining resources company, wholly owned by the Limpopo Economic Development Agency (LEDA). CMR boasts a diverse commodity portfolio which includes but is not limited to Platinum Group Metals (PGMs), chrome, gold, magnetite and bentonite. CMR's mandate is to promote economic development directly or indirectly through mining, create job opportunities and promote sustainable empowerment in mining. CMR has adopted an industrial diversification strategy which will see it actively involved in sidestream and downstream beneficiation. Risima Housing Finance To fulfil its developmental mandate of promoting home ownership among previously disadvantaged individuals, Risima Housing Finance offers 100% home loans to employees of government, municipalities and state-owned entities. Clients in the private sector can require as little as a 10% deposit. Risima has the following products and services: Affordable housing loan: The company provides affordable housing solutions for households with a combined minimum income from R8 000 per month. Additional home loans: This is a top-up loan granted to the client in addition to an existing loan, in line with the value of the property and can only be applied for 12 months after implementation of the first loan. Access bonds: All Risima Housing Finance Corporation clients who have paid their accounts in advance can apply for amount of not less than R12 500 and not exceeding 80% of that advance and which are capped at R50 000. Facilitation of homeowners risk cover: Risima facilitates clients' applications for bond and property insurance cover. Risima complies with the National Credit Act. All home loans are granted subject to the applicant's affordability and credit status. Terms and conditions apply to all products. The availability of lending products is subject to credit policy as amended from time to time. 25 LIMPOPO BUSINESS 2018/19