Peermont Trust provides a helping hand to Voice of Tembisa
29 March 2011
The Ekurhuleni Peermont Chambers of Commerce Trust (EPCoCT) approved funding towards community radio station, the Voice of Tembisa to a tune of R776 000 to assist in maintaining their goal of truly being the voice of their community.
The funding will be utilized by the radio management for the procurement of a mobile studio, new on-air full studio equipment, repair of service equipment, purchase of new service equipment and insurance for the equipment. Station Manager Sonnyboy Masingi says the station team has grabbed this opportunity presented to them with both hands. Masingi added that in order for the EPCoCT to count the station as one of its success stories, they will ensure that they accomplish their goal of growth while conducting business according to the aims and objectives of the Trust.
He says, "We promise to uphold the spirit and letter of the agreement entered into with the EPCoCT and our doors shall forever remain open to any member of the Board of Trustees to visit our project and witness their efforts. We thank you very much once more and hope that this is the beginning of great things to come and maintain this relationship eternally," says Masingi.
Peermont Corporate Affairs and CSI Executive Vusi Zwane says, "This is a great opportunity to once again demonstrate the noble work that Peermont is undertaking in support of small business growth and community upliftment in marginalized communities residing in close proximity to our business operations."
The objective of the Ekurhuleni Peermont Chambers of Commerce Trust is to grant funding to small and micro enterprises, self-help projects aimed at uplifting the socio-economic status of the poor and marginalized people within Ekurhuleni Metropolitan Municipality. Other projects that receive financial support from the ERCoCT include: Etwatwa Daveyton Kingsway and Wattville Chamber of Commerce and Industry, Kempton Park Development Centre in Tembisa, The Springs Business Linkage Centre, African Olive Trading, Umjwali Market Research, PC Financial Services, ITO Focus East Rand Boksburg, Thuthuka Ma-Africa Development Centre.
To date, the EPCoCT has disbursed approximately R5,058, 450 in support of SMMEs that have demonstrated a potential to empower local businesses whilst creating jobs.