Social TV
Business

GrandWest launches staff Spaza Store

For anyone who works shifts like staff in the hospitality industry do, popping into the shops on your way home from work is simply not an option.

However, Sun International’s GrandWest property in Cape Town has come up with a novel way to assist staff, while simultaneously supporting entrepreneurship by opening a Spaza Store on their premises at the end of March.

Staff are now able to pop into their own Spaza Store before they head off for home. GrandWest spent just under R400 000 to equip the shop with fridges, freezers and shelving. Just as in any other supermarket it has point of sale items, shopping baskets, shopper bags, chairs and a safe.

But GrandWest is in the business of gaming, hospitality and entertainment, not retail, so the company extended a R100 000 loan to National Pride Trading from their Enterprise and Supply Development Programme. Owners Sango and Lindiwe Bam will use the loan for working capital and to stock the shop.

GrandWest will provide additional business support over the next three years which will include a waiver on rent, metered utility costs, operational costs, marketing and communications. They will also receive business coaching from GrandWest’s service providers, Business Doctors Western Cape.

Related posts

Facebook is handing out grants to small businesses in South Africa

Mapule Mathe

Ramaphosa launches R1.2bn Tourism Equity Fund launched to help women, the disabled and black entrepreneurs in SA

Mapule Mathe

Nigeria to create 19 million jobs annually

Mapule Mathe

World’s First Commercial Electric Airplane Successfully Completes Test Flight in Canada

Mapule Mathe

Tiger Brands appoints first Venture Capital Fund Director

Mapule Mathe

5 financial mistakes consumers should avoid during these trying times

Mapule Mathe
Translate »