As you have probably seen or heard, South Africa is going through a very troubled time at the moment. Just recently, two international ratings agencies reduced the status of South Africa's sovereign debt to junk and many aspects of this country's future are uncertain. The … [Read more...]
4th Quarter 2016 Updates
The start of 2017 has come and gone already and work is back to it's normal busy pace for the staff at Phakamani. 2016 was a year of growth and success. We are excited to bring you the latest news and some stories along with a heartfelt "Thank You" for your continued support and … [Read more...]
3rd Quarter 2016 Updates
The holidays are fast approaching along with the end of 2016. This puts us in a reflective mood! Phakamani continues to grow each year and when we look at where we were as an organization last year or a few years back we are filled with wonder and pride. In fact, looking at the … [Read more...]
2nd Quarter 2016 Updates
We are more than half way through 2016 and with your partnership Phakamani continues to make measurable impacts in the lives of women, their families and their communities across South Africa. We hope this latest newsletter brings you a sense of pride and joy as you read some … [Read more...]
1st Quarter 2016 Updates
Time continues to fly by! It is flying so fast that two-thirds of 2016's second quarter is already over and we haven not had time to catch our breath and send you some updates from the first months of 2016. It is important for us to keep you informed of our successes and … [Read more...]
4th Quarter 2015 Updates
We are well into 2016 already and feeling very hopeful and excited about the coming months. We did want to take a moment to wrap up 2015 with our final newsletter covering the 4th Quarter. Enjoy the stories here and be sure to follow us on Facebook to stay up to date with our … [Read more...]
3rd Quarter 2015 Updates
Recently a small business loan made to a rural woman had the effect of pushing our total amount of loans processed since 2008 to over R100 million ($7.7 million). That was a huge milestone for the Phakamani Foundation and a proud day indeed. We are excited about all the work we … [Read more...]
2nd Quarter 2015 Updates
The Phakamani Foundation staff are in the middle of an exciting year! 2015 has brought a lot of sustained growth and the successful completion of some long-term efforts such as our partnership with the South African Jobs Fund, the creation of the Phakamani Trust, our expansion … [Read more...]
1st Quarter 2015 Updates
Spring is in full bloom in Canada and the US, but in South Africa winter is approaching. This is just one of the many differences between our two lands. Another stark difference is clear when we compare the services and finance options available to small businesses. The lack of … [Read more...]
4th Quarter 2014 Updates
Hope you are enjoying the year so far. The Phakamani team is well into the plans for 2015 and feeling positive and excited about what the year will hold. Expansion and efforts to increase efficiency and impact are already well underway. At the close of 2014 Phakamani was proud … [Read more...]