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Press Release • 19 Oct 2020

67CEOS FOUNDATION IS ADVANCING SMME SUPPORT IN SOUTH AFRICA

67CEOS FOUNDATION IS ADVANCING SMME SUPPORT IN SOUTH AFRICA

The 67CEOs Foundation will organise its 4th Global Entrepreneurship Week - GEW in South Africa from 16 till 21 November 2020. The programme is themed: Advancing SMME Support - Survive & Thrive. Traditionally, GEW is a one-week in-person event, however, it is understandable that times are different, therefore this year’s programme will be completely virtual.

More than ever before SMMEs need the support of all business development ecosystem stakeholders to survive the indelible impact of COVID19 pandemic and thrive beyond the crises. Many of the businesses 67CEOs Foundation supports have remained sustainable before the global pandemic outbreak, currently, they are facing new challenges that require ‘new normal’ solutions.

During the virtual event, SMME owners across South Africa will participate in masterclass sessions on how to effectively implement a digital marketing strategy to remain relevant and sustainable. Sessions start at 9H00 until 11H00 daily. The theme was selected as a result of disruptive innovations which are transforming South Africa’s economic potential, creating new target markets and unprecedented consumer choice.

Exxaro Resources has partnered with 67CEOs Foundation during GEW in 3 consecutive years - 2018, 2019 and 2020. GEW2020 will focus on providing relevant skills, innovative capacity building, digital marketing strategy masterclass and access to grant funding to SMMEs. The participating SMMEs from Limpopo and Mpumalanga will stand the chance to win grant funding of R200,000 in total.

Only Limpopo and Mpumalanga based entrepreneurs are eligible to submit pitch videos. Immediately after the masterclass, entrepreneurs in Exxaro host communities will submit a 120 seconds video online using #67CEOsGEW2020 and #PoweringPossibility across major social media platforms and WhatsApp. Independent adjudicators will announce winners and they will be notified by email. 6 winners will be selected, 3 SMMEs per province.

Admission to the events is free; delegates are invited to register on www.67ceos.org.

For more media enquiry on 67CEOs GEW2020 contact Selokela Molamodi, Media Relations, 67CEOs Foundation. Cellphone: +27 60 376 5730.

About Exxaro Resources

In November 2006, Kumba Resources Limited unbundled and Kumba’s coal and other assets merged with Eyesizwe Coal to create Exxaro Resources Limited. Exxaro has since grown to become one of the largest black-empowered diversified mining companies in South Africa.

Exxaro has an asset portfolio, which includes coal operations and investments in iron ore, residual pigment manufacturing and renewable (wind) energy (Cennergi). The organisation prides itself in being more than just a mining business and strongly believes that empowering local communities in which it operates and making a positive impact on the world is central to its purpose.

The company assumes and actively practices a balanced approach for sustainable growth and impact to ensure that a future us secured for every one of its stakeholders. Exxaro’s purpose to Power better Lives in Africa and beyond will be achieved by responsibly investing in resources that will improve and sustain life on the continent. In the last decade, Exxaro has established itself as an organisation that is respected by its peers for its innovation, ethics and integrity and has been recognised as a leading performer in the FTSE Russel ESG Index.

For more information, please visit www.exxaro.com

About 67CEOs

At 67CEOs™ Foundation NPC (2018/343943/08), we Inspire Possibility Thinking in young people. We convene CEOs to mentor, educate, inspire and invest in young people, startup entrepreneurs and SMMEs. CEOs volunteer their time, expertise and resources as a form of their individual social responsibilities through active participation in our programmes. Our programmes are educational, socio-economic and enterprise development inclined.

Our VisionTo achieve massive inclusion of young entrepreneurs into the mainstream economy through mentorship, entrepreneurship education and enterprise development programmes.

For more information, please visit www.67ceos.org