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Photo: DSBD

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    SME funding has improved access to finance through the partnership between Ozow and Lula.

    Ozow and Lula partner to boost SME funding access in SA

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    Will SA–Mauritius tourism pact unlock SME growth?

    Limpopo is positioning tourism infrastructure as part of a broader economic development strategy aimed at attracting investors. Photo. Lucas Ledwaba\Mukurukuru Media

    Tourism infrastructure anchors Limpopo’s investor strategy

    The delegation from the province's five districts showcased accommodation, wellness services, cultural tourism and adventure experiences to both local and international buyers. Photo. Ledet

    Tourism indaba showcases rural-based small enterprises

    Southern African countries are looking to tap into the multi-million dollar bird watching tourism sector. Photo. Pogiso Heaven Modise\Heaven Wildlife Photography

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    As Africa’s Travel Indaba returns under the theme Unlimited Africa: Growing Africa’s Tourism Economy, emerging operators say the high cost of visibility continues to shut smaller players. Photo. Department of Tourism

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  • Advertise
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    • All
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    Entrepreneurs should prepare financial records and plans as lenders assess credit, cash flow and repayment. Photo: finzway

    How to improve your chances of scoring that business loan

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    Township spaza owners say fund remains out of reach

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An app for the township retail economy

by Tebogo Mokwena
March 24, 2021
in Innovation
Reading Time: 3 mins read
A A
The Progressive Creations app

The Progressive Creations app

After realising that township retail businesses struggle to gain access to manufacturers, Tumi Letsaba and his colleagues decided to help them. The result of their efforts is an app that not only helps township retail stores to access manufacturers, but also keeps inventory for them.

Letsaba, from Frankfort in Free State, is one of four co-founders of Next Curve Creations, which designed the Progressive Creations app.
The company was founded by Letsaba, Bandile Ntombela, Ditjaba Selema and Kgomotso Sebitlo, who are all seasoned and experienced in tech, finance, and business professionals.
“We are a solution-oriented organisation that leverages current innovations and technological trends to provide value. Our key focus is the underserved markets, and, in our approach, we always think of an ‘African Solutions for African Problems’ approach,” he said.

CEO of Next Curve Creations Tumi Letsaba

The app was launched this month and currently has 10 users, who are also based in Frankfort.
“We wanted to make a positive contribution, and to empower our people. We identified that there is a need in our community for tools that will enable entrepreneurs to survive,” he told Vutivi News.
“We realised that retailers struggle with gaining access to fast-moving consumer goods manufacturers and to organise themselves to access manufacturers. We decided to create a platform that makes it easy for retailers to organise so that they can use their numbers to access manufacturers.

“We also wanted to give them tech tools that will help them run their businesses efficiently,” he said.
The app offered township businesses an opportunity to adapt to the Fourth Industrial Revolution, Letsaba said.
“We are offering businesses an opportunity to jump on the digitisation wave,” he said.
“Technology has a huge impact in our daily lives, and in order to keep up with current trends we believe that our people need the opportunity to adapt.”

Letsaba explained to Vutivi News how the app works.
“If you own a store in the township and you have a smartphone, you download the app from the app store for free. Once you have the app on your phone, you will be able to use barcode-scanning capabilities to scan goods you have received and the system will update your inventory on the app,” he said.

“When someone comes to buy a certain item, you will scan its barcode and it will update the stock. You’ll be able to view sales and stock levels.”
Letsaba said him and his co-founders were delighted when township store owners used their app and were extremely satisfied with how it made their lives easier.
The company was now looking at how to enable township entrepreneurs to buy directly from food manufacturers to make it cheaper for them.

“We know that there is a need for this solution, for opportunities for digitisation particularly in the township economy.”
Letsaba said that they were hoping to expand to other provinces and eventually to other parts of Africa.

Tags: APP and township retailNext Curve CreationsTechnology trends
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