COMPANY PROFILE

SOUTH AFRICA’S LEADING BUSINESS SOCIAL NETWORK www.opentenders.co.za

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1. Supporting the National Development Plan of South Africa………….3 2. Challenge facing the South African economy………………………….4 3. About OPENTENDERS…………………………………………………..5 4. Our Business Model………………………………………………………6 5. Membership……………………..………………………………………....7 6. Procurement Opportunities……………………………...………………..8 7. Leadership…………………….………...………………………………….9 8. Partnerships………………….……………………………..…………..…10 9. Events Gallery………...………………………………………...………....11 10. Our Contacts………………………………………………….……………12

Table of Contents

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1. SUPPORTING THE NATIONAL DEVELOPMENT PLAN OF SOUTH AFRICA

The National Development Plan (NDP) of South Africa envisions a central role for the Small and Medium enterprises in achieving the 2030 vision for South Africa.

The NDP visions a 2030 where “Small and expanding firms will become more prominent, and generate the majority of new jobs created. They will also contribute to changing apartheid- legacy patterns of business ownership. They will be stimulated through public and private procurement, improved access to debt and equity finance, and a simplified regulatory environment.”

To support the aforesaid vision, the NDP shares the Finscope research which provided that “90 percent of jobs created between 1998 and 2005 were in small, medium and micro enterprises.”

However a concession is made by the NDP that “despite this, total early-stage entrepreneurial activity rates in South Africa are about half of what they are in other developing countries.”

The National Development Plan therefore makes this important concession that “State efforts to assist the sector have had limited success.” It is particularly this challenge that our company OPENTEDERS resolves.

The National Development Plan makes a number of proposals which are consistent with our company’s objectives, it says amongst others, in order to assist in the growth of small and medium enterprises in South Africa, government must “make government procurement opportunities more accessible to small businesses, streamline tender processes, improve transparency and get rid of corruption.”

The NDP further proposes that, “the government and the private sector should collaborate in creating financial instruments for small, medium and micro enterprises.”

The proposals made by the NDP are the embodiment of OPENTENDERS’ business.

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2. CHALLENGE FACING THE SOUTH AFRICAN ECONOMY

The challenge that the South African economy faces is that it is not creating enough opportunities for entrepreneurs to be successful. We have all seen the business headlines:

In 2012 Adcorp did a study and came out with a startling report where they stated that:

“The number of new business start-ups has fallen to an all-time low. The group’s February 2012 Employment Index highlights with alarm the closure of 440 000 small business over the past five years. The gravity of the situation is emphasized by the fact that 68% of all South African workers are employed by small business employing fewer than 50 people.”

The report goes on to put in further context the gravity of the problem, it avers that” “Between 2001 and 2011, there was a roughly constant number (2 million) of small businesses. The number increased slightly (to 2,4 million) during the economic boom of 2004-2006, but has, since 2006, shrunk by 18,2%.

“Since the boom, about 100 000 small businesses have closed their doors each year, bringing the total number of small business closures over the past five years to 440,000. Given that the typical small business employs 12 people (aside from the owner-manager), a revival of this sector could potentially create 5,3 million jobs.”

It is precisely this aforesaid challenge that OPENTENDERS addresses.

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3. ABOUT OPENTENDERS

OPENTENDERS is a business social network platform, which connects entrepreneurs and SMME’s with procurement opportunities in public and private sector, financial support and skills development to enable SMME’s to be competitiveness and thus grow entrepreneurial culture in South Africa and create the much needed jobs.

We aim to be the fastest growing service that opens procurement opportunities and training to SMME’s. We are dedicated to the success of small and medium enterprises in South Africa.

• Our vision is to be South Africa’s No.1 provider of procurement opportunities to the business community.

• Our mission is to link entrepreneurs with procurement opportunities.

• Facilitate project funding for contracts, purchase orders and tenders.

• Organise business linkages and matchmaking environment between private sector, public entities and local SMME’s.

• Advocate for SMME equal access to government & private sector procurement opportunities.

• Educate and empower SMME’s in business principles including in the area of tendering, procurement and access to funding.

• Encourage private sector SMME procurement through strategies that promote procuring local products and services.

• Promote and facilitate small Business-to-Business procurement through sub-contracting.

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4. OUR BUSINESS MODEL Our business model is to grow a large membership base of SMME’s by offering them easy access to tender procurement opportunities as they get published. We do this through a tender email notification system, mobile app and online business social network portal. We are currently logging over 300 procurement opportunities per day on our website and growing.

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5. MEMBERSHIP SUBSCRIPTION FEES OPENTENDERS provide two type of membership subscription:

• Basic – FREE

This is a Business-to-Business social networking.

Entrepreneurs sign-up, create profile, connect with other entrepreneurs, find clients, find suppliers, participate in forums, group topics and much more. OPENTENDERS lets you easily build a community and connect with business opportunities to grow your business.

• Premium – R500 per year

Access Tenders and RFQ’s In addition to all the benefits of a free basic membership. The Premium membership gives you an unlimited access to all tenders and RFQ’s from State entities and private sector listed on our website.

You can browse tenders online 24/7 and/or receive instant email notifications as they get listed. New tenders are sourced, collected and listed on a daily basis.

We made the subscription affordable to enable all SMME and aspirant entrepreneur to easily access the opportunities we offer.

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6. TENDER PROCUREMENT OPPORTUNITIES New tenders are sourced, collected and listed on a daily basis according to their specific industries. Business owners can subscribe to tender notifications via email and/or login to search for tenders online 24/7. Tenders entered into the system are divided into their principle parts. These parts include:

• Advertiser • Reference number • Summary • Description • Site inspection (if any) • Compulsory Briefing (if any) • Closing date • Contact details • Document Collection • Delivery Point • Qualifying criteria

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7. LEADERSHIP

Madoda Khuzwayo Founder and Chairman

Madoda is the visionary and an inspiring technology entrepreneur. He is an internationally acknowledged thought leader and has an enduring passion for online and mobile technologies. His entrepreneurial immersion in internet technologies spans over a decade and 4 continents.

Madoda is also the founder and CEO of HOSTRIVER, a South African-based company providing domain names, web hosting and cloud based hosting solutions to organisations throughout Africa.

He is also the co-founder of BrandPark – a South African based company providing cloud and onsite based brand asset management software to organizations in South Africa.

Madoda is Vaal University of Technology engineering graduate. He also studied Information Technology at Westminister College of Computing in London and SQL College in.

Madoda is the author of the ebook, Cloud Computing for Africa (ISBN: 978-0-620-53688-2)

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Sivu Maqungo Co-founder and CEO

Sivu Maqungo is an entrepreneur; he is a former South African diplomat with international Law expertise and extensive experience of African issues both economic and political including experience in management and substantive knowledge of international trade law, Climate Change and international criminal law.

Sivu:

• Was a member of the drafting committee of the International Criminal Court Statute (1998)

• Facilitator for the review conference of the International Criminal Court (2006-2009)

• Chairman of G77 and China • Deputy Permanent Representative of the South African Mission to

the UN 2005-2007 • Legal and strategic adviser to the Climate Change-COP 17

President 2011 • Chief Director: East Africa Desk of the South African Department of

International Relations (2010 to May 2013) • Board member of India, Brazil, South Africa Trust Fund 2005-2008.

Mr. Maqungo holds a masters degree in International Law.

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Mnive Nhlabathi Co-founder and COO

With over 10 years experience in branding, corporate communications and online publishing, Mnive has an incredible skill of perceiving business needs and creating solutions to address those needs perfectly.

Mnive is the founder of BrandPark – a South African based company providing cloud and onsite based brand asset management software to organizations in South Africa. He is also the founder of PDH, an integrated brand communications and marketing firm that has completed projects for various large organizations.

Mnive has also managed and coordinated international business delegations to countries such as South Korea, Russia, Sri Lanka and Tanzania, connecting South Africa entrepreneurs with foreign businesses. His passion for small business development and the country’s economic prosperity makes him the perfect partner to this exceptional team of leaders.

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8. PARTNERSHIPS

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9. NETWORKING EVENTS

OPENTENDERS hosts various networking and business matchmaking events. We recently hosted an event in Pretoria in partnership with the Turkish Embassy, which attracted Entrepreneurs and Diplomats from various countries.

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10. CONTACTS

Empire Park 55 Empire Road Parktown Johannesburg

Contacts:

Sivu Maqungo - CEO Mobile: 076 819 1834 Email: sivu@opentenders.co.za

Mnive Nhlabathi – COO Mobile: 076 496 6608 Email: mnive@opentenders.co.za

Madoda Khuzwayo - Chairman Mobile: 081 430 7220 Email: madoda@opentenders.co.za

www.opentenders.co.za