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Founder and CEO, Veersgroup
The Veersgroup was founded based on the challenges Hashveer experienced as an entrepreneur in extracting value from economic development programmes for his start-up companies. He personally experienced multiple challenges in raising funding through both private and public institutions. With these challenges common to SMMEs around SA, he established a diverse, high-impact team of professionals composed of CAs(SA) and experienced entrepreneurs to advance the mandate in economic development and bring measurable change to the South African landscape. In 2018, he set out on a five-year strategy to commit to innovation, investing time in communities, creating job opportunities (direct and indirect) and understanding the needs of SMMEs.
The realisation of the greater effects of the 2020 COVID-19 hard lockdown on employment, SMME opportunities and societal challenges made him crystalise the vision and purpose of the group, which enabled expansion into economic development, environmental, healthcare and technology arms of the group.
His group employs 129 people nationally with operations in Gauteng, North West, the Northern Cape and Western Cape. They are also working on 17 strategic infrastructure projects related to renewable energy aiding independent power producers to bring clean energy to the national grid. The vision of the group includes expansion into responsible ownership of renewable energy projects. Hashveer feels that the CA(SA) profession can add immense value to the green economy.
Through the economic development arm, the Veersgroup are developing more than 250 SMMEs and have active customised development plans for each SMME with tracked KPis. They have also implemented at least 25 countrywide socio-economic development projects related to the United Nations’ SDG goals.
Through the healthcare arm, they were able to impact eight healthcare facilities in outlying areas with critical equipment and expertise.
Their greatest investment has been in their ESG platform that informs the social investing decisions and guides the investment journey of companies, thereby creating transparency for investors to ensure that their ESG dividend is impactful.
The technology arm has been built with the understanding that uplifting communities by knowledge-sharing is a priority. A key aspect of his contribution as a CA to the knowledge-sharing economy has been to build solutions that enable this in communities.