Survival and Productivity in the Post-COVID economy

Gideon Slabbert from Turnaround Resque Solutions and Sinqobile Shoba, Regional Manager from Productivity SA met with Anna-Marth Ott at the

Middelburg Chamber of Commerce & Industry to discuss opportunities to assist the businesses in Middelburg.

During the past year, the exchange rate fluctuations, in conjunction with the unexpected reduction in demand and growing inflation,

have left many South African industries financially distressed.

The question is, how should we address this financial shock within our businesses?

Manufacturing statistics indicate that the COVID Pandemic has set some manufacturing and mining industries as far back as 2013.

If identified early, companies experiencing an economic decline can participate in the Business Turnaround & Recovery Programme.

The programme focuses on preventing job losses and upskilling employment to drive efficiency. The BT&R program seeks to upskill a company’s

existing management by training a company’s core skills and competencies and improving manufacturing processes, ultimately increasing productivity and profitability while retaining employment.

Once approved, the duration of the programme is 9-12 months and includes the following;

Customer acceptance to the programme;
Establishment of the company champions;
Training/Capacity Building of the champions;
In-depth assessment and Workplan development;
Turnaround strategy and implementation;
Project close-out;
Post-Implementation monitoring and evaluation.

Depending on the company’s size, the BT&R Programme could make funding available for the programme,

valued at R282 800 to R624 800.00 per company. Terms and Conditions Apply.

For more information on the programme, kindly contact CEO Anna-Marth Ott at ceo@middelburginfo.com for more information.