SCC Bank
Access to Finance
Secondary Co-ops
Tertiary Co-ops
Share Holders
Coordinate Finance Development Institutions
Why the Sectors Chamber Co-Operative (SCC)?
Help you save
Grow group savings to offer loans to members
Investment money for the benefit of members
Develop and train members on how to grow their money through their business
Help members achieve independence through own savings and resources
What Do I Get as a Member of SCC?
SCC Member Share Certificate
SCC Debit Card
Discounted Member Cellphone Package Offer at R29 per month for R49 per month airtime
Optional Family Funeral Benefit from as little as R20 for R10,000 cover.
Qualify for Member's Loan for up to R100 000 at affordable rates and repayment terms after 6
months membership.
NBC
Company History
The National Buying Company (NBC) was formed on the basis of acknowledging that the past cannot
be ignored. Prior to 1964 till present informal retailers have fallen victim to the abuse of larger players
in the industry. This misfortune has left them with little room to compete and defend themselves. As a
result they remain pitiful and disrespected. The National Buying Company (NBC) has found strength
in their numbers and is dedicated to dignifying their efforts in servicing their communities, as they
rightfully should.
Mission
To be the first and the biggest black bulk-buying organisation in South Africa
Vision 2014
To have the majority of black retailers buying through NBC with a combined buying power of at least
1billion rand.
Objectives
· To establish an identity for member stores
· Create marketing opportunities,
· Train black retailers for excellence,
· To assist both emerging manufactures and farmers in entering the market,
· To defend our members from foreign invaders as well as the shopping centres that invade their
trading areas
· To establish a negotiating power for black retailers.
Values
To establish a spirit of brotherhood amongst entrepreneurs, as well as to play a major part in the
development of the South African communities.
Company Overview
NBC runs a centralized account for all its members from an administrative office in Rivonia. This office
coordinates the buying of its national members. Members enjoy the benefit of placing orders through
NBC and receiving the administrative advantage of formal training, discount purchases, an identity,
marketing and merchandising opportunities, deliveries directly to their stores and being part of a
national structure.