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  • Business
    Infrastructure expansion may unlock billions in private investment, but procurement structures will determine whether SMEs participate beyond supply chain roles.

    SME participation questioned as infrastructure funds roll out

    South Africa’s latest fuel price increase is placing severe pressure on small and medium enterprises

    R3 fuel levy slash fails to ease SME and farmer struggles

    Businesses in the culinary sector are set to benefit from Tshwane's hosting of Gastronomy Africa.

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    Innovative building technologies (IBTs) are set to transform South Africa’s housing sector while opening new opportunities for SMEs. Photo. Dept of  Human Settlements

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    SMEs are set to benefit from a R340 million deal between Dutch entrepreneurial development bank FMO and SA fintech lender Lula.

    SMEs set to benefit from R340 million lending deal

    The 2025 festive season confirmed that cashless commerce is no longer a trend but a structural feature of the economy. Photo. Standard Bank

    Festive spending shows double digit growth in cashless payments

    Zelma Matinise is the sixth woman to become a Sorbet franchise owner through the Bidvest Bank Sorbet-Preneur iniative.

Photo: Supplied

    Sorbet-Preneur model unlocking SME ownership for women

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    Foot-and-mouth curbs push small-scale farmers to the brink

    A student accommodation in Soshanguve Block H that assists students who are still struggling to get access to school residence

    Township property owners make good business from student rentals

  • Tourism
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    Tourism SMEs brace for Easter surge amid patchy recovery

    Climate-proofing tourism: how SMEs are leading resilience charge

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    KZN’s festive season boom: what’s in it for tourism SMEs?

    The anticipated return of major tourism events, including the Tourism Indaba, has renewed discussion about local procurement inclusion.

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    South African tourism businesses connect with international travel buyers at the country’s exhibition stand at ITB Berlin.

    How international tourism show can benefit SA’s SMEs

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    Tourism sector presses for sustainable youth employment.

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    President Cyril Ramaphosa described tourism as the jewel in the nation’s crown.

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    The South African Reevenue Service is moving towaerds digitilisation of their collection services.

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    How SMEs can beat violation of 30 day payment policy

    A student accommodation in Soshanguve Block H that assists students who are still struggling to get access to school residence

    Township property owners make good business from student rentals

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Monate CEO remains optimistic despite funding challenges

by Moipone Malefane
May 30, 2024
in Business
Reading Time: 4 mins read
A A
Mokamoshega Monate CEO James Matshubeng

Mokamoshega Monate CEO James Matshubeng

By: Noxolo Majavu

A businessman who sells cooking products and peanut butter aspires to own a chili and peanut farm in Limpopo to create more employment opportunities for women and persons living with disabilities. Mokamoshega Monate CEO James Matshubeng’s mission to empower these designated groups stems from a belief in equal opportunities.

Just five months after starting his business, Matshubeng is aiming for new heights. The company produces peanut butter, chilli sauce, mayonnaise, maize meal, and cooking oil. “Our vision for the future is ambitious, yet achievable. We aim to establish distribution centres in every province, ensuring a seamless supply chain to all corners of the country. Gauteng and Limpopo will serve as our manufacturing hubs, equipped with state-of-the-art production machinery,” Matshubeng told Vutivi News.

The business’ headquarters are in Midrand, and it has a branch in Limpopo. It currently employs 15 people and plans to expand its operations through collaboration with distributors, who are in the process of assigning independent sales representatives to the brand.“While we are in the early stages of our growth, we are actively working towards our diversity goals. Currently, we have seven women and are actively seeking to employ individuals with disabilities within our organisation. We are partnered with Limpopo Incubation Centre, an NGO in Limpopo, who will be assisting us in the recruitment and training of individuals with disabilities,” said Matshubeng.

He was inspired to make a difference for families who could not access the food he sells because of financial constraints by providing high-quality, nutritious, and affordable products. “The inspiration behind Mokamoshega Monate Brands struck during December 2023 while I was home in Limpopo province for the festive season. It was then that I realised the pressing need in every household for essential products like Monate Peanut Butter, Monate Chilli Sauce, Monate Mayonnaise, Monate Maize Meal, Monate Cooking Oil, and Monate Tomato Sauce,” he said.

He has had to overcome a number of obstacles. “Like any entrepreneurial endeavor in South Africa, we encountered our share of challenges. Navigating the complexities of starting a business, from regulatory hurdles to financial constraints, tested our resilience. However, the unwavering support of my family, coupled with my entrepreneurial spirit and experience, propelled us forward.”

Also, Matshubeng has not had much support from government agencies to grow his business. “We have engaged with [the] Small Enterprise Finance Agency and Small Enterprise Development Agency, but unfortunately the assistance offered was limited to workshops on business development, marketing, and branding. Given my extensive experience in these areas, I declined these offers as I believe that funding is the most crucial factor in achieving our ambitious goals,” he explained.

The entrepreneur has also extended an invitation to high-end investors who share his vision of creating a sustainable and impactful business. Despite having operated for a short time, Matshubeng believes that the trajectory is promising as they have achieved significant milestones.“Notably, we have secured two exclusive distribution agreements with reputable companies that already have a strong foothold in the market. This strategic partnership will ensure widespread availability of our products in stores across the country,” Matshubeng said.

In a bid to reach out directly to the highest levels of government, Matshubeng created a public video detailing his vision and the need for support.“This video has been widely shared across social media platforms, and I remain hopeful that it will reach the attention of President Cyril Ramaphosa, as I believe his intervention is key to realising our dream of providing affordable and nutritious food to all South Africans while empowering marginalised communities,” he said.

Tags: Chilli SauceJames MatshubengMokamoshega Monate
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