The Department of Mineral Resources and Energy wants to ensure that the ownership of fuel stations is more representative of the demographics of the country. However, even though the liquid-fuel industry is highly regulated, with the government dictating the petrol price, black entrepreneurs still face challenges like access to infrastructure, finance and markets. This hinders competition and entry into the industry.
In this webinar, Moneyweb unpacks the challenges and provides fascinating insights from Prithivan Pillay and Cobus de Bruyn from Nedbank Commercial Banking.
The following three issues are explored:
- How funding models and support mechanisms can be adapted to ensure affordability and access
- Why the role of oil companies and industry partnerships will rapidly boost transformation aims
- Where the benefits of pre- and post-ownership and operating of sites could help identify issues before they become problematic.
You’ll also find out more about Nedbank’s partnership with SA PALS, an inspiring non-profit organisation developed by farmers in cooperation with local communities. This initiative provides training, mentorship, specialist advisory support and capacity-building for farmers throughout the industry. Considering how agriculture remains a crucial part of the South African economy, Nedbank and SA PALS are on a mission to shift boundaries and empower farmers. Already on a 10-year journey navigating the industry challenges, the livestream includes Nedbank’s insights on the future of agriculture, the unique complexities, as well as the opportunities for creating a sustainable and inclusive tomorrow.
This webinar will take place on Wednesday, November 9 at 10 am. You can register here.
This webinar will also be live-streamed on moneyweb.co.za and the Moneyweb app.
More on the guest:
Head of client value propositions at Nedbank Commercial Banking
Pillay is Nedbank Commercial Banking’s head of client value propositions. He is a key member of the team that has helped the division navigate through the global pandemic. Pillay assesses, analyses, and identifies strategic business opportunities and initiatives within new markets, while constantly ensuring the bank’s existing industry propositions are refined, competitive and relevant to meet market needs and the division’s strategic objectives.
Cobus de Bruyn
Head of agriculture client value proposition
De Bruyn started his banking career in 1998 and has been in the agricultural finance sphere for 29 years. His passions are agriculture, strategy, innovation and dealing with our clients in the agricultural sector. As head of agriculture client value propositions (CVP), De Bruyn is responsible for managing the CVP team, enhancing Nedbank’s offering and creating solutions to address the pain points many agricultural businesses experience.
Nedbank Commercial Banking is focused on helping businesses achieve their growth ambitions. The division services medium and large businesses with a turnover of between R30 million and R2.5 billion, with tailormade solutions for clients in the agriculture, franchising and manufacturing sectors.
Its team of experts immerse themselves in understanding individual business needs holistically to ensure they are able to offer appropriate advice and guide growth. This is made possible by a full range of solutions spanning specialised financing, integrated transactional banking, international trade services, as well as industry-based offerings, all suited to a business’s life cycle.
Brought to you by Nedbank Commercial Banking.
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