Supplier: Polycats Investments (Pty) Ltd
Buyer: Lucara (Diamond Mine)
UNDP SDP Consultant: Mr Percy Lekoba
Business area: Electrical, mechanical services, labor hire
Owner: Shane Nakedi
Number of staff: 12
Since Polycats Investments joined UNDP SDP, it has in one year, increased its turnover enough to make an investment in a property in Letlhakane.
Market diversification: Polycats Investments is focused on providing services in the mines, as a contractor and as a sub-contractor.
Polycats Investments also got involved in decontamination type projects to respond to the Covid-19 pandemic. Driven by the demand for office space, the increased turnover made it possible to move into a bigger premise.
Employment creation: Has increased from 4 employees before joining UNDP SDP to now 12 employees.
UNDP SDP Experience: The SDP through the guidance and support of the Consultant, developed a far - reaching market expansion strategy. The UNDP SDP intervention has also played a big role in the company’s growth and helped with improving many of the internal processes.