HOW WE CREATE VALUE

Learning, development and national imperatives

MEDIA AND PUBLICATION EXPOSURE 2023

2

Entrepreneur podcast, Small Biz Bytes, monthly topical discussion sessions on SME advice

8

SMME advice segments in Accountancy SA magazine

15

Press event releases, feature articles and impact stories published by the media

6

TV, virtual and face-to-face networking events for brand and initiative exposure

4

Social media campaigns – entrepreneurial women’s heritage and youth month

Saica ed and the hope factory

The Hope Factory Group saw very significant improvements in its performance, improving its liquidity and solvency rates. Both SAICA ED and THF exceeded their YTD Income targets for both traditional income and customised projects. The Group also increased its customer retention rates from 50% in 2022 to 74% in 2023.

Contribution to the un Sustainable Development Goals

The Hope Factory and SAICA Enterprise Development contribute towards Goals 1, 4, 5, 7, 8, 10 and 17 of the UN SDGs. The graphic shows how The Hope Factory and SAICA Enterprise Development contribute to these goals.

SDG
INITIATIVES

THE HOPE FACTORY

  • Socio-economic development (SED) flagship programmes, including the Youth Community Stream in partnership with KPMG
IMPACT/DIFFERENCE MADE
  • Over 2 593 (FY22: 2 502) beneficiaries empowered since inception in 2004
  • Additionally, 30 SMMEs equipped in 2023 on our Flagship programmes specifically
SDG
INITIATIVES

The Hope Factory-accredited NVC skills development and customised programmes

  • New venture creation (NVC) short skills accredited customised programmes that equip and educate individuals through the transfer of knowledge and skills
IMPACT/DIFFERENCE MADE
  • Six accredited skills development programmes offered, empowering 61 individuals in 2023
SDG
INITIATIVES

The Hope Factory and SAICA ED initiatives with a focus on women

  • Across all our programmes for the THF Group, there is a key emphasis on recruiting and onboarding women-owned businesses
IMPACT/DIFFERENCE MADE
  • During 2023, a total of 229 women-owned businesses/individuals were supported
SDG
INITIATIVES

SAICA Enterprise Development

  • Various strategic partners who operate within the Energy sector partnered with SAICA ED to render entrepreneurial programmes. This includes one programme directly working with SMMEs on the clean energy sector: Dedisa Peaking Power
  • SAICA ED continues its collaboration with the Council for Scientific and Industrial Research (CSIR) who provide industry expertise to our SMMEs
IMPACT/DIFFERENCE MADE
  • Through the Dedisa Peaking Power programme, SAICA ED supported 3 SMMEs that are providing access to affordable and clean energy
  • Our collaboration with the CSIR assists SMMEs to have access to research and development resources and clean energy technology and innovation knowledge transfer
SDG
INITIATIVES

The Hope Factory and SAICA ED projects and programmes

  • THF Group programmes and customised projects are actively involved in Goal 8 in terms of our enterprise and supplier development, socio-economic development and skills development initiatives
IMPACT/DIFFERENCE MADE
  • 29 programmes and customised projects during 2023, equipping 553 small businesses and/or individuals through coaching, mentoring, masterclasses and accounting support initiatives
  • 364 new jobs were supported in 2023
SDG
INITIATIVES

THF Group’s youth Initiatives

  • The Group continues its intent of supporting the youth by facilitating job placement opportunities
IMPACT/DIFFERENCE MADE
  • SAICA ED absorbed two unemployed accounting graduates into their workplace
  • THF absorbed two interns into their workplace
  • Additionally, through its Youth Community Programme, THF partnered with a YES Service Provider and 12 youths were placed in various employment tenures for 12 months
SDG
INITIATIVES

The Hope Factory and SAICA ED public-private partnerships with various institutions, clients, SETAs. Key partners include:

  • KPMG (Volunteers)
  • FTI Consulting (Volunteers)
  • Exxaro Resources
  • Anglo American Zimele
  • Cennergi Services
  • De Aa Solar Capital
  • CHIETA
  • NDE Stainless Steel
  • Sasol Group
  • Freitan Logistics
  • Merafe Resources
  • Enel Green Power
  • SAICA Member Volunteers
  • Small and Medium Accounting Practices
  • SEDA
  • CSIR
IMPACT/DIFFERENCE MADE
  • Our 2023 ecosystem of partners include:
    • 52 SAICA-associated small and medium practices (SMPs)
    • 55 volunteers
    • 87 business coaches, industry coaches, facilitators, assessors and moderators
  • All these ecosystem partners directly impacted 553 SMMEs and Individuals (business owners) during 2023, across a total of 29 programmes (including flagship and customised SMME/ESD programmes)
DIGITISATION

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