Category: Uncategorized


TRAINING WORKSHOPS

RSTP offers training in addition to one-on-one advisory and mentoring services. Participants are exposed to techniques and tools that they can apply to their projects and businesses.

Topic - Planning a Viable Business Outline

  •  Ideation: From an Idea to Business Model
  • Product Development, Testing & Value Chains
  • Protecting Your Business Idea
  •  Business Planning

Topic - The Companies Act of 2009 Outline

  •  Difference between a Company and a Business
  • Types of shareholding o Obligations and Duties of Shareholders
  • Obligation and Duties of Directors
  • Transparency and Responsibility to the Minority Shareholder
  • Conflict Resolution
  • Deregulation of Company Registration and Online Procedure

Topic – Branding, Marketing and Sales Outline

  • Personal, product and business branding
  • Marketing tools and plans
  • Sales tactics and instruments / policies
  • Relevance to business planning

Topic – Introduction to Innovation and Entrepreneurship Principles & Opportunities

This was delivered to final year students of the Southern African Nazarene University (SANU) in the context of the ENACTUS Seniors Program. The objective was to inspire the students to identify innovation and/or business opportunities so that they do not rely on employment only for livelihood.


BOOK DONATION

United States Ambassador to Swaziland Lisa Peterson donated books to RSTP to boost capacity building for start-ups and innovators. She emphasised that investment in education, especially in science, technology and entrepreneurship skills will trigger creativity and job creation for the throngs of young people graduating every year. She reiterated His Majesty King Mswati III’s proclamation that RSTP will drive innovation which will position this country to be able to achieve the national development goals.

Acting Principal Secretary of the Ministry of Information Communication and Technology conveyed Government’s gratitude for the donation. He further thanked the US Government for providing support towards economic empowerment of Emaswati in areas that the Government of the Kingdom of Eswatini is unlikely to adequately cater for by herself. The Chief Executive Officer stated that the personal and business development tools contained in the books will cause start-ups to avoid mistakes committed by others in the past, reduce risks and create business opportunities

 


Mr John Thomson being introduced by
Ms Sanelisiwe Mkhwanazi (Above).

START UP GRIND

First held at RSTP in May 2017, the event connect start-ups with seasoned entrepreneurs and industry experts thereby expose start-ups to resources they cannot access by themselves. This shortens the learning curve and fosters the application of good business management practices.

The Director of Mormond Electrical (Pty) Ltd Mr. John Thomson was invited to share his personal journey in starting an enterprise and running a family business. His presentation was titled “Growing a Business and Guiding it Through Tough times”.

A section of his presentation covered three things, namely discipline, strategy and management of finances that helped him succeed. He told participants that he trained himself to start work very early in the morning, leave the office in the evening and work during weekends.

His ability to develop a strategy and execute it kept him focused and enabled him to continously ask himself what was required to achieve the objectives of the business. As regards money, he said success is dependent on an ability to take care of finances and to plough back any profits into the business so that it can grow.

According to Mr Thomson, an entrepreneur who fails should receive encouragement rather than ridicule because the experience teaches an entrepreneur to work twice as hard and twice as efficient when s/he tries again.