How to Start a Recycling Business in South Africa
What is recycling in simple words?
Recycling is the process of collecting and processing materials that are regarded as trash and turning them into new products.
What are the 3 types of recycling?
Primary recycling is where a recyclable material or product can be recovered or reused without altering its current state
Secondary Recycling refers to where the material will be repurposed without having to reprocess them
Tertiary recycling which involves the chemical altering of the products or material to make it reusable.
What are the benefits of recycling?
1. Conserving natural resources.
2. It helps saves energy from producing new products from raw materials.
3. Reducing demand for raw materials
4. Cheaper than waste collection and disposal.
5. Tackles youth unemployment.
6. It helps reduce climate-changing carbon emissions
7. Protects ecosystems and wildlife
What is a recycling business?
It is a type of business that earns an income from the collection of variety of materials for recycle.
How to start a recycling business in South Africa?
1. Identify the materials that are not are not being disposed of properly as your area of focus.
2. Determine your budget or startup capital
3. Develop a business plan
4. Secure financing from family, friends, banks or from organizations dedicated to providing financing such as Small Enterprise Finance Agency (SEFA), National Youth Development Agency (NYDA) and Industrial Development Corporation (IDC)
5. Registering your business with the Companies and Intellectual Property Commission (CIPC)
6. Secure an operation site.
7. Recruit workers
8. Create marketing campaign to attract potential clients
9. Secure source of waste materials from homes, schools and other institutions that generate huge amount of waste.
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Is recycling profitable in South Africa?
It is profitable as it is estimated that around 58,470 South Africans receive an income through the entire recycling supply chain.
How much does it cost to start a recycling business?
The startup capital required is from $20,000/R 348,512.30 to $30,000/R 522,768.45
Is glass recycling profitable in South Africa?
Thousands of South Africans earn a source of income from collecting waste glass and selling them to buy-back centers.
How many recycling companies are there in South Africa?
There is a minimum of 300 recycling companies in South Africa.
How does a recycling business make money?
Recycling centers and plants generate profits by transforming used consumer products like cardboard, plastic, paper, metal, fabric, etc into sellable, reusable items like bags, backpacks, garbage cans, etc.
What are various challenges involved in starting a recycling business?
1. Accessing reliable waste disposal and recycling plants is difficult
2. Startup recycling businesses have to compete with existing large recycling companies
What are the 5 most profitable things to recycle?
1. Aluminum cans and plastic bottles.
2. Old cooking oil bottle
3. Old electronics, computers, and appliances.
4. Car batteries
5. Scrap metal
What waste cannot be recycled?
Non-recyclable waste material Styrofoam, bubble wrap, dishes, and electronic cords.
How much money do you get for recycling glass bottles in South Africa?
The Extended Producer Responsibility (EPR) fee for all glass packaging is R86. 64 per ton.
