{"id":241688,"date":"2022-11-01T17:38:49","date_gmt":"2022-11-01T15:38:49","guid":{"rendered":"https:\/\/mypr.co.za\/?p=123965"},"modified":"2022-11-01T17:38:49","modified_gmt":"2022-11-01T15:38:49","slug":"fidzani-nduna-balancing-societal-needs-with-profit","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/fidzani-nduna-balancing-societal-needs-with-profit\/","title":{"rendered":"Fidzani Nduna \u2013 balancing societal needs with profit"},"content":{"rendered":"<aside class=\"scaip scaip-1 \">\n<aside id=\"republication_tracker_tool-2\" class=\"republication_tracker_tool clearfix\">\n<h5 class=\"adtitle\">Republish for Free<\/h5>\n<div class=\"license\">\n<p><button name=\"Republish This Story\" id=\"cc-btn\" class=\"republication-tracker-tool-button\">Republish This Story<\/button><\/p>\n<p><a class=\"license\" rel=\"noreferrer license noopener\" target=\"_blank\" href=\"http:\/\/creativecommons.org\/licenses\/by-nd\/4.0\/\"><img decoding=\"async\" alt=\"Creative Commons License\" class=\"lazyload\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/11\/fidzani-nduna-balancing-societal-needs-with-profit.png\"><\/a><\/p>\n<p><img decoding=\"async\" alt=\"Creative Commons License\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/11\/fidzani-nduna-balancing-societal-needs-with-profit.png\"><\/div>\n<div class=\"message\">\n<p>Republish our articles for free, online or in print, under a Creative Commons license.<\/p>\n<\/div>\n<\/aside>\n<\/aside>\n<p><a href=\"https:\/\/mypr.co.za\/?attachment_id=123966\"><img loading=\"lazy\" decoding=\"async\" alt width=\"194\" height=\"300\" class=\"alignleft wp-image-123966 size-thumbnail lazyload\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/11\/fidzani-nduna-balancing-societal-needs-with-profit.jpg\"><\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-123966 size-thumbnail\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/11\/fidzani-nduna-balancing-societal-needs-with-profit.jpg\" alt width=\"194\" height=\"300\">Not getting a job is not the end of life. It is possible to create jobs by starting a business, believes co-founder and executive director of the South African School of Practical Skills Trading (SASOPSBIZ), Fidzani Nduna.<\/p>\n<p>This inspiring, patient and approachable business leader and mentor is passionate about nurturing businesses so that they can not only tackle the many challenges they face but also grow within a highly competitive environment.<\/p>\n<p>He joined up with business partner &amp; co-founder, Pumla Vilakazi, to create the South African School of Practical Skills Trading (SASOPSBIZ) and the SASOPSBIZ Foundation in 2017\/18.<\/p>\n<p>Nduna explains that SASOPSBIZ is socio-entrepreneurial in that it assists small business across a variety of different industries whilst also generating its own revenue. As a business incubator, it provides office space, business advisory services and training.<\/p>\n<p>\u201cOur business centre occupies more than 700 square meters and has capacity for more than 20 Small, Medium and Micro Enterprises (SMMEs) in closed offices and open space. Our office space is flexible and comes with basic services such as reception, administration and unlimited, fast Wi-Fi,\u201d he says.<\/p>\n<p>SASOPSBIZ\u2019s business advisory services assist SMMEs to not only access finance and markets but also write feasibility and business plans and tackle financial statements and management accounts, valuations, business proposals, deal structuring and more.<\/p>\n<p>The SASOPS Academy offers accredited and short courses which are credited by the Services Seta (New Venture Creation), FP&amp;M Seta and Local Government Seta.<\/p>\n<p>Nduna\u2019s varied career and 30 years working experience has provided the understanding or complex business dynamics that is essential to succeeding in the business incubation space.<\/p>\n<p>He was born in the small rural area of Plumtree in the western part of Zimbabwe. \u201cI used to walk seven kilometers one way to school. Education for a Black rural boy during the early seventies under the Smith regime was a secondary part of our lives. What was important was looking after my father\u2019s livestock and working in the fields with my mother, he recalls.<\/p>\n<p>Without modern day luxuries like career guidance, Nduna didn\u2019t have a clue where he\u2019d end up. At Mzingwane High school, one of the best African High Schools in Matabeleland, he completed his Advanced Level Cambridge Certificate, specializing in maths, physics and biology.<\/p>\n<p>With a passion for science, he wanted to be an electrical engineer but he wasn\u2019t accepted into Zimbabwe\u2019s only university in 1983 and, instead, began studying towards a Diploma in Diagnostic Radiography, graduating from the Mpilo School of Radiography in 1986.<\/p>\n<p>Whilst working as a radiographer, he completed a diploma in Electronics Engineering with the Electronics Institute of South Africa. In 1992, he moved to Pietermaritzburg where he worked as a senior radiographer at Edendale Hospital. having worked his way up to chief radiographer in charge of diagnostic sonography, he left the hospital in 2000.<\/p>\n<p>During his time at Edendale, his thirst for knowledge continued and he added a BComm majoring in Accounting and Business management to his CV in 2000.<\/p>\n<p>Nduna joined the Office of the Auditor General in 2000 as a trainee accountant, completing his articles in 2003. In 2004, he joined UKZN as a research finance manager. here, he was given a mandate to establish a new public entity to deal with commercialization of Intellectual Property in Plant Biotechnology.<\/p>\n<p>\u201cThis is what stimulated my passion in governance and establishment of new entities. In 2004, I was appointed CFO of this organization (PlantBio), and subsequently became CFO of the Technology Innovation Agency, KZN Agribusiness Development Agency and, finally, Tourism KZN,\u201d he continues.<\/p>\n<p>As CFO of these entities, he chaired the bid adjudication committees. But it pained him to see most government bids being won by big companies. Instead of raising the standards, government regulations restricted SMMEs to securing bids via the so-called set asides and some sections of the Procurement Regulations 2017.<\/p>\n<p>Nduna does not believe that these assist small businesses. Instead, what should be evolving businesses remain stagnant.<\/p>\n<p>\u201cWhat needs to be done is to genuinely raise the standards of SMMEs so that they compete successfully for markets and finance,\u201d he advises.<\/p>\n<p>This sparked the idea for a business incubator and premises where SMMEs could share resources.<\/p>\n<p>\u201cWhilst working, I used to travel to Pretoria once or twice a week. Because I did not have an office there, I used the Innovation Hub Business Incubator which was far more efficient and cost effective than establishing my own office which would have been empty most of the time,\u201d he shares.<\/p>\n<p>He also had firsthand experience of how the technology stations model worked and realized that if this was effective for tech based businesses, it could also work on the other side of the track.<\/p>\n<p>Today, SASOPSBIZ\u2019s target market is public and private companies that fund SMMEs. These include SEDA, SEFA, Government Departments. SMMEs themselves remain a second target market as they struggle to pay for SASOPSBIZ services.<\/p>\n<p>\u201cWe identify leads in the government and private sector and help write both solicited and unsolicited proposals. Once contracts are signed, we allocate the project to the person with the requisite skill. All of our work is peer reviewed for quality control purposes. We also do partnerships. Our main role here is as implementing agents,\u201d he says.<\/p>\n<p>Nduna believes that competitors in this arena are essentially land lords and business consultants. What sets SASOPSBIZ apart on the property side of the business is that it doesn\u2019t just offer office space, but creates a commercial environment that comes with administration, cleaning, Wi-Fi and the advantage of working alongside other small businesses.<\/p>\n<p>Although he is proud to see companies grow and move out of the incubation environment, he also realises that SASOPSBIZ still has a long way to go. He\u2019d like to move beyond Durban and Pietermaritzburg and establish more branches in major KZN cities within the next five years.<\/p>\n<p>In ten years\u2019 time, he\u2019d like to establish branches in other provinces, starting with the Eastern Cape and then Mpumalanga.<\/p>\n<p>Nduna is a married and dedicated family man with two adult children. He deals with stress through exercising and spends hours playing table tennis, jogging and doing aerobics. An addict of current affairs, he watches the news regularly.<\/p>\n<p>His motto in life is:\u201d Always exercise balanced judgement in everything you do. You may dislike some people\u2019s actions, but never dislike the persons themselves.\u201d<\/p>\n<p><a href=\"http:\/\/mypr.co.za\/contact\/featured\/\">CLICK HERE to submit your press release to MyPR.co.za<\/a>.<\/p>\n<p> <span class=\"post-views-icon dashicons dashicons-chart-bar\"><\/span> <span class=\"post-views-label\">Press Release Views since 1 July 2022:<\/span> <span class=\"post-views-count\">52<\/span> <\/p>\n<div class=\"entry-pagination pagination\">Pages: <span class=\"post-page-numbers current\"><span class=\"screen-reader-text\">Page <\/span>1<\/span> <a href=\"https:\/\/mypr.co.za\/fidzani-nduna-balancing-societal-needs-with-profit\/2\/\" class=\"post-page-numbers\"><span class=\"screen-reader-text\">Page <\/span>2<\/a><\/div>\n<p><a href=\"https:\/\/mypr.co.za\">Source: MyPR.co.za<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Republish for Free Republish This Story Republish our articles for free, online or in print, under a Creative Commons license. Not getting a job is not the end of life. It is possible to create jobs by starting a business, believes co-founder and executive director of the South African School of Practical Skills Trading (SASOPSBIZ), [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":241689,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9021,1],"tags":[3257],"class_list":{"0":"post-241688","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mypr","8":"category-south-africa","9":"tag-mypr","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/11\/fidzani-nduna-balancing-societal-needs-with-profit.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/241688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=241688"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/241688\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media\/241689"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=241688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=241688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=241688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}