SEDCO’S LANDMARK PARTNERSHIP WITH LIMKO

MBABANE - Accessibility to business development services will be among the benefits to be enjoyed by Limkokwing University of Creative Technology students following a partnership with SEDCO yesterday.

SEDCO is the Small Enterprises Development Company. The parties signed a Memorandum of Understanding (MoU) at the SEDCO Head Office in Mbabane yesterday. SEDCO Acting CEO Themba Dlamini said areas of cooperation would include providing advice on industry trends to Limkokwing University; facilitating market linkages for business enterprises operated by the institution of higher learning; and assisting micro , small and medium enterprises (MSMEs) through SEDCO by equipping them with the latest marketing tools and technology.

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Facilitating incubation facilities to business enterprises operated by Limkokwing students is also on the agenda. The delegation from Limkokwing was led by Campus Director, Tfobile Gumede. Dlamini said; for years they had been actively engaged in various projects and events together which is why they decided to formally establish the partnership yesterday.  “There has always been a need for us to collaborate and co-ordinate our efforts in carrying out both our mandates of entrepreneurship development among the youth of Eswatini,” said Dlamini.
He shared that recent statistics were indicating that 70 per cent of start-up businesses were failing within the first two years of operations due to lack of capacity development and mentorship. “This memorandum of understanding entails SEDCO’s commitment to provide business development services and facilitate access to markets to enterprises operated by Limkokwing students,” he said.

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