SMEs graduate and receive cash injection through the Property Point programme
Waterfall City SMEs generate over R29-million in revenue through Attacq’s Local Economic Development programme.
Attacq has successfully graduated eight small and growing businesses in Waterfall City, through the property and construction industry’s leading enterprise and supplier development programme, Property Point.
In two years, the eight participating SMEs generated more than R29m in combined revenue, with an average growth rate of 11.24%, accessing more than R960 000 in contracts, and creating 14 full-time jobs.

At a graduation ceremony held in Midrand on May 18, paint coatings service provider Dimba Construction and Projects was declared the top-performing business in the programme. The company consistently performed at a high level over a significant period, with a track record of excellence in financial performance, customer satisfaction, innovation, and employee engagement.
Dimba Construction received a prize of R70 000 while Keone Productions received the runner-up award, taking home R50 000.
This prize money is seen as a cash injection into the business to purchase a product or service that advances the company’s capacity.
Founder of Property Point Shawn Theunissen congratulated all programme participants for their resilience and dedicated work.

“We are making significant strides in bolstering local economic development, and it’s worth noting that the SMEs which embarked on their programme amidst the challenging backdrop of the Covid-19 pandemic, have emerged as the epitome of resilience,” said Theunissen.
Such programmes inspired many aspiring entrepreneurs and showcased the impact that development programmes have in transforming the South African business landscape, one business at a time, he added.
Attacq social executive Janine Palm congratulated the Class of 2020 on the remarkable tenacity they displayed, especially given that the cohort began during a particularly difficult economic period.
Snazo Asive Matiwane, managing director of Dimba Construction, said she was grateful for the programme’s support, mentorship, and opportunities.

“I am incredibly proud to have been selected to be part of such an exceptional enterprise development programme and even more thrilled to emerge as the ultimate winner. This journey has been a testament to the power of hard work, determination, and resilience in the construction industry,” said Matiwane.
“Through this programme, we have transformed from a small business into a true force to be reckoned with. We have honed our skills, expanded our network, and embraced innovation to deliver outstanding results.
“Our success is the fruit of our commitment to excellence and ability to thrive in challenges.”
Other graduated SMEs included Kanzima COE, CRM Enterprise, MAD Cleaning, Blue Rain Trading, Nande Engineering Development Consultants, and KNTE Arthur.
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