THE INTRODUCTION: THE STATE OF THE NATION: THE STATE OF THE ECONOMY: 27TH AUGUST 2019:
The KZN Growth Coalition Breakfast was held at the Umhlanga Rocks Coastlands Hotel on 27th August
2019 and was hosted by Investec Specialist Bank. The Programme Director was Mr Nigel Ward – as the
President of the Durban Chamber of Commerce and Industry – and the Sponsors Address was given by
Mr Scott Stanton of Investec Specialist Bank. The Introduction of the Premier of Kwa Zulu-Natal was
given by the MEC for Economic Development: Tourism: and Environmental Affairs – Ms Nomusa Dube-
Ncube. The Keynote Address was then presented by the Premier of Kwa Zulu-Natal – Mr Sihle Zikalala.
The Discussion Points of the Breakfast Meeting were noted and 250 attendees agreed on the following:
1. South Africa has pending Junk Status and is already in an Economic Recession at a National level
2. The unemployment rate is also unacceptable at 40% – with a Youth Unemployment Rate at 50%.
3. The crime and corruption and mismanagement and poor leadership have created this situation.
4. With 18.5 million people on social grants – with no socio-economic growth – it is not sustainable
5. The crime: grime: inner-city decay and moral decline and an increasing poverty needs attention.
6. With more than 550 informal settlements in Kwa Zulu-Natal alone poverty and pollution is real!
7. The humanitarian crisis and ecological disaster created by these demands immediate attention!
The Informal Sector and Informal Settlements are areas previously ignored in growth and development
1. South Africa was promised 5 million jobs in the 2009 National Development Plan by the leaders
2. The result was ten R68 Billion Fifa World Cup Stadiums: economic distress: and also a Recession
3. The Government cannot create 5 million jobs – and would require R250 Billion a year to achieve
4. The Top 100 Companies in South Africa would require R450 Billion – to create the 5 million jobs
5. The Corporate Sector is efficiencies: bottom-line driven – and would have to use pension funds!
6. The use of pension and provident funds is disastrous for the nation and the State is using them.
7. The Government cannot create a vibrant economy – and it needs to provide an enabling entity!
The Informal and SMMME Sectors and Informal Settlements are the only hope – for a vibrant economy!
1. South Africa needs socio-economic growth and development: and also that investor confidence.
2. The country needs economic certainty: food security and poverty relief and the political stability
3. Crime is the enemy of the economy and corruption is the enemy of the poor – and the destitute
4. Pollution is the enemy of the environment: Ocean Economy: the public health: and our heritage
5. The lack of essential infrastructure and Batho Pele service delivery is the enemy of the country!
-THE CHRISTIAN COALITION: SOUTH
AFRICAN CHRISTIAN CHAMBER OF
BUSINESS: UNITED CHRISTIAN FRONT-
Contact Details: The Chairman and Founder
Dr Peter Munns (President/CEO): 083 264 3267
Dr Caron Smith (Vice President) 083 780 1357
THE PRESENT SITUATION: THE SUPPORT OF THE GOVERNMENT: AND THE OFFICE OF THE PREMIER:
The KZN Growth Coalition was established in 2004 and is guided by the KZN Economic Council and the
Organs of State: the Business Chambers: Captains of Industry and Mind leaders in Commerce: and it is
motivated to find practical and needs and purpose-driven solutions and to identify catalytic projects in
Kwa Zulu-Natal. The funding criteria for these projects have been determined by the Office of Premier:
and are in line with the National Development Plan: Provincial: and also Local Economic Development
in the 234 Municipal Regions in South Africa. Spatial Development Plans are also developed from this.
The Premier of Kwa Zulu-Natal – Mr Sihle Zikalala – made it clear at the KZN Growth Coalition meeting:
1. The 4th Industrial Revolution was a challenge – and projects needed to address this current need
2. Infrastructure and Batho Pele Service Delivery was essential to achieve all the desired outcomes
3. Job Creation: Wealth Creation: and Food Security and Poverty Relief were a ‘priority’ in our land
4. Pollution Control: Waste Management: Circular Economy and the Ocean Economy are a priority
5. Skills Development: Transfer: Education: Training: Mentorship: and Aftercare: are also priorities
6. Combatting Crime and Corruption by Business Chambers and Civil Society were also high on list!
7. Technology Enterprise Centres: Technology Parks: Agriculture and Agri-Processing are a priority.
The Office of the Premier clarified those projects that MUST receive Donor: Grant: or even CSI Funding:
1. The Corporate Social Investment Fund had already been established with support of Jobs Fund.
2. ABSA Bank pledged R70 million to the CSI Fund on the 27th of August 2019 – with other support.
3. ABSA Bank pledged they would provide Soft Funding: or Grant Funding – to all catalytic projects
4. ABSA Bank pledged R500 million to any projects that were in line with the Office of the Premier
5. The other banks and financial institutions in the KZN Growth Coalition all pledged their support
6. Standard Bank: Nedbank: First National Bank: Capitec Bank: are members of Growth Coalition!
7. The Minister of Economic Development: Tourism: and Environmental Affairs endorsed support.
The Office of the President clarified these projects that MUST receive support at the 2019 SONA in May
1. The 2019 State of the Nation Address was all presented by the President – Mr Cyril Ramaphosa
2. The 2019 Cabinet was appointed with 28 new Ministers responsible for implementing the SONA
3. The 2019 State of the Nation Address also highlighted the National Development Plan objective
4. The Five Main Priority Areas included the sustainable socio-economic growth and development.
5. The Five Main Priority Areas included: Food Security: Poverty Relief: Unemployment and Crime!
6. The Five Main Priority Areas included: Literacy: Education: Infrastructure – and Service Delivery!
7. The Five Main Priority Areas included: Corruption: and Anti-Corruption Tribunal was established
The Office of the President and the Office of the Premier of Kwa Zulu-Natal – provided the Priority Lists
1. The Christian Coalition and South African Christian Chamber of Business – have priority projects!
2. The National Peace Commission and Peace Accord were established – to provide that solidarity.
3. The Solomon Project and The NUBIS Plan were developed out of a need to provide the solution.
4. They are the result of more than 30 years of meticulous research – and that personal experience
5. They are the result of more than 20 years of careful planning – and also the practical application
6. They are the result of more than 15 years of public and private sector engagement – at all levels
7. They are needs and purpose-driven: and will take 5 years at a cost of less than a soccer stadium.
The Office of the President – and the Office of the Premier of Kwa Zulu-Natal – provided Funding Guides
THE SOLOMON PROJECT – THE NUBIS PLAN – THE PROJECT OVERVIEW: THE EXECUTIVE SUMMARY:
THE TIME FRAME: 5 YEARS – It will be established in Kwa Zulu-Natal and expanded to the 9 Provinces
THE PROJECT VALUE: R5 BILLION – It will achieve all objectives at less than the cost of Moses Mabida
THE PROJECT NEEDS: Donor Funding: Grant Funding: Venture Capital: Institutional: and Government
THE PROJECT RATING: Game Changer: Catalytic Project – as all defined by The KZN Growth Coalition
THE PROJECT GRADING: Priority Project – as determined by the President and Premier of KZN in 2019
THE PROJECT FUNDING: The CSI Fund: Jobs Fund: Government: Organs of State: 28 Cabinet Ministers
THE FUNDING OPTIONS: Private Investment – Joint Venture Partnerships – Syndicated – Philanthropic
THE FUNDING CRITERIA: The Criteria was clearly defined by the Office of the Premier in August 2019.
1. JOB CREATION – This will be achieved by The NUBIS Plan and Advice Desk for all Unemployed
2. FOOD SECURITY – This will be achieved by iQuality staple diet food packaging and distribution
3. POVERTY RELIEF – This will be achieved by The Christian Coalition and The Ark of Compassion
4. POLLUTION CONTROL – This will be achieved by The Green Journey – and waste management
5. CRIME AND CORRUPTION – This will be achieved by Business Chambers against all Corruption
6. THE MANUFACTURING SECTOR – This will be achieved by also developing the informal Sector
7. THE TECHNOLOGY ENTERPRISE CENTRES – This will be achieved in ‘skills transfer’ – education.
THE SPECIFIC PROJECT FOCUS: The development of the Informal Sector and the Informal Settlements
1. The Primary Aims include servicing the needs of the individual and the communities in need.
2. It will include developing partnerships: alliances and coalitions – to assist those communities.
3. The Primary Objectives include developing strategies to provide relief: skills – and education.
4. It will include nurturing economic and social development – while dealing with poverty relief.
5. The Primary Outcomes include promoting a viable enterprise culture – and end the pollution.
6. It will include identifying skills: needs and business opportunities to achieve these outcomes
7. The Primary Need includes building a sound network of service providers and those funders.
THE PROSPECTS OF SUCCESS: The Project is needs and purpose-driven and meets all Funding Criteria
1. The Solomon Project and Nubis Plan are Catalytic Projects and demand funding – and support.
2. They are in line with the National Development Plan and all defined as being Priority Projects
3. They are in line with the instructions from both the President and the Premier of the Province
4. The Solomon Project and Nubis Business Plan have a background and a History of that success
5. They are in line with sound business and marketing principles – and are supported by ‘success’
6. They are in line with the needs of the country and strengthened by Junk Status and Recession
7. The Solomon Project and Nubis Business Plan are supported by more than 20 years of success
THE PROJECT BACKGROUND: The Project is needs and purpose-driven and meets all Research Criteria
1. The Solomon Project and Nubis Plan have a history of proven success at an international level
2. They have been proven at a local: national: and global level since 1990 with great recognition
3. They were approved by Nedbank: The Premier Group: and also The Midland Bank of England
4. They were approved by Coca Cola: S.A. Breweries: Toyota: MTN: and the Schwab