Joburg Market’s rapid development

The Joburg Market (JM) is developing at a rapid rate as not only a regional market, but also a hub for South Africa and the rest of the Southern African Development Community (SADC), according to acting CEO, Josiah Mazibuko.

As a result of its continuous improvement strategy and commitment to food safety, JM has been a feature of Johannesburg for more than a century and continues to thrive.

“Comprising 40% of the national fresh produce market (FPM) in terms of both volume and turnover, the company is the only FPM accredited by the South African National Accreditation System,” Mazibuko said.

He explained that JM rigidly adhered to its mandate and core business of providing and managing world-class facilities for the fresh produce market industry, while remaining agile and responsive to market industry trends.

“The following has been identified as strategic objectives for the 2016 /17 financial year to ensure financial sustainability and growth of the entity: to operate a sustainable resilient world-class marketing and trading facility; to become an agent for socio-economic transformation, to ensure that our staff are engaged, skilled, motivated and satisfied; to become a high-performance organisation, and to ensure effective stakeholder engagement,” he said.

“Depending on the marketing season, between 9,500 and 11,000 buyers from across South Africa and the SADC region frequent JM on a daily basis.”

In the current financial year, more than R88 million has been spent on updating, upgrading and improving JM, with R15 million spent on the procurement of new IT, R8 million on the procurement of an additional facility and equipment, R60 million on recapitalising infrastructure and facilities and R5 million on upgrading its electronic supply chain management and maintenance modules.

JM also employs 341 permanent staff members, mostly from disadvantaged communities.