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Ensuring your business thrives through strategic empowerment.
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Lawrence Roff
Director
Lawrence has combined his extensive knowledge of the Codes with an entrepreneurial approach to solving real-world problems. He utilises his decades of experience trading and structuring businesses across numerous sectors and around the world to offer a creative solution to B-BBEE challenges. Lawrence is also the CEO of Quiver Tree Capital (Pty) Ltd.
Veronica Motloutsi
Director
Veronica is one of the leading ICT and education executives in South Africa. With over 16 years experience in the ICT industry, she is a highly talented and continues to make her mark in the industry. Veronica is a trusted advisor to CIOs and has deep understanding of ICT. Veronica is also the CEO of Smart Digital Solutions (Pty) Ltd.
David deBeer
Chief Technology Officer
David, a reformed dramatist, holds an honors degree in drama but turned to programming after facing challenges as an actor. Today, he’s a skilled full-stack developer who occasionally ventures into acting for voiceovers and cameos. Proficient in various programming languages, he’s instrumental in developing Quiver Tree’s automated document generation systems. As the Chief Technology Officer, he oversees the company’s IT and tech needs.
Tasmyn Walker
Head of Growth
Tasmyn is a sales professional with 10 years of experience. Having specialised in the property sector, Tasmyn has honed her skills in deal negotiation and building lasting client relationships. Her passion for travel infuses her work with unique insights, as she draws on her global experiences to connect with clients. Her adventurous spirit is not just a personal quest; it’s a professional asset.
Jacob Mahlaola
Business Development Manager
Jacob is an accomplished Business Development Manager with more than 15 years of experience within the Information and Communication Technology (ICT) industry, coupled with his strategic vision and expertise in driving business growth. Jacob has consistently demonstrated his ability to identify new opportunities, establish lucrative partnerships, and expand market presence.
Industrial Technologies
Quantum Solutions
Spark
OriginsIndustrial TechnologiesMIT is dedicated to the development of software and systems, steered by the visionary leadership of Veronica Motloutsi. As the founder of Smart Digital Solutions, she pioneers the integration of Fourth Industrial Revolution technologies in Africa. This includes cutting-edge technologies like IoT. Read Veronica’s most recent book: Africa Lead with Digital: Unlocking the Continent’s Leapfrogging Potential.
Quantum SolutionsMQS specializes in creating software and systems for assessing and demonstrating adherence to Broad-Based Black Economic Empowerment (B-BBEE) regulations. Emerging from the expertise of Quiver Tree Capital, a consultancy adept in B-BBEE frameworks, MQS was conceived to centralize its innovative software solutions, infrastructure, and expert team.
SparkMagenta Spark provides Enterprise and Supplier Development solutions, similar to Magenta Industrial Technologies and Magenta Quantum Solutions. Magenta Spark distinguishes itself by offering a unique funding avenue for select entrepreneurs.
Providing cost-effective financing options, Magenta Spark caters to companies that align with its standards. Its investments are not restricted to empowered entrepreneurs.
OriginsMagenta Origins is a value adding empowerment partner. It focusses on immediate Ownership needs while building a diverse array of long-term investments. Fully owned by Magenta Sky Holdings, it boasts a robust 78.7% Black shareholding. With an eye for innovation, Magenta Origins selectively invests in ventures that align with its distinctive investment ethos.
When the pandemic struck, we understood that we had to build a lifeline for our clients. The lockdowns closed universities and workplaces, making it impossible for our clients to earn Skills Development points. As supply chain disruptions limited their options for suppliers, their ability to achieve Preferential Procurement points was disrupted. Many of their initiatives aimed at supporting enterprises and the community were forced to a standstill.
Despite the dark and difficult conditions, there was no relaxation in B-BBEE compliance targets. This rigidity resulted in many of our clients missing their BEE targets and facing penalties for breaching covenants in their supply agreements. (We released a vlog at the time stating that, in a time of Covid, B-BBEE could reasonably be understood as an economic co-morbidity.)
Our story is one of resilience and adaptability, of a small business making a significant impact during a time of crisis. We found innovative ways to support larger businesses that were constrained by the State of Disaster. We helped them navigate through the complexities of B-BBEE compliance, ensuring they could still fulfill many of their commitments.
Our approach was to design a product that would make compliance as cost-effective and easy as it could be. We charged (and charge) no fee on top of the statutory minimum cost. Our solution adds a certain 2% to 3.5% of NPAT a year over five years (depending on Sector).
To remedy the problem of getting evidence from previous beneficiaries during lockdown, we designed our processes to deliver documentation that was perfect and always on time.
Lastly, because many of our clients were concentrating on staying in business rather than on B-BBEE compliance, we designed an offering that could be implemented at the last moment.
This approach provided relief and added value during a critical period.
Thankfully, lockdown has passed into history. Our clients’ challenges now include trying to make a profit in a competitive and load shed environment. The regulations seem to change all the time, and the interpretation provided by Verification Agents is inconsistent.
We have modified our offering to cater to these post-Covid concerns. Our formula of saving clients’ money, providing an easy to use, reliable service and adapting to our clients’ time frames and rhythms, seems to work in all environments. The strongest endorsement of our solution’s success is the loyalty of our clients: every client who has engaged with our services has returned every year since.
