The Enterprise Development Project

In order to assist SAIA members to meet the Financial Sector Charter Enterprise Development targets, and to assist with the creation of a transformed motor body repair sector, the SAIA has been developing a project proposal for an enterprise development project aimed at the upliftment of black panel shops.

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The project was approved in principle by the SAIA Board in August 2008. SAIA was requested to provide a detailed project plan, including costs. To this effect, the services of a professional project consultant were sought and Seda Automotive Technology Centre (SATeC) was appointed. A project plan document was delivered to the SAIA Board in February 2009.

SAIA also deemed it prudent to get a written opinion from the Charter Council secretariat and the Department of Trade & Industry (DTI) on whether this initiative would enable members to score points under Empowerment Financing and Enterprise Development under the Charter and the DTI Codes. Positive responses have been received from the FSC Charter Council and the DTI in this regard.

The development of a detailed project proposal is nearing completion, and it is anticipated that this will be presented to the SAIA Board during the fourth quarter of this year.

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The South African Insurance Association
Association Incorporated under Section 21
Registration No.1998/25543/08

Postal address:
PO Box 30619
Braamfontein
2017

Physical address:
3rd Floor, JCC House
27 Owl Street
Milpark

Contact detail:
Tel: +27 11 726 5381
Fax: +27 11 726 5351
Email: info@saia.co.za

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The Enterprise Development Project

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