GROUP 1 – Wealth Creation CREATING WEALTH FROM WASTE MATERIALS

BRIEF INTRODUCTION DEFINITION WASTE Waste materials Wealth

Waste is considered by most people as useless Waste remains a part of our life as long as we exist, everybody produce waste Waste is considered by most people as useless From this presentation we will see that waste isn’t entirely useless because there are people and businesses who will pay to have them.

Waste materials There are different categories of waste Organic Agricultural waste Food waste Inorganic Metal Plastic Textile Paper

Everybody fights for survival and everybody wants money Wealth Creation Everybody fights for survival and everybody wants money

Service: collection and sale of metal waste Approach Service: collection and sale of metal waste Capacity: Mobilizing the Scavengers Market: Industries and companies

Scavenging and Collection of the metals Transportation Sorting Methodology Scavenging and Collection of the metals Transportation Sorting Weighing Sales

Budget Types of expenditure Amount budgeted Cash at hand Amount remaining Scavengers(30) 3,600,000 Transportation(collection trucks) 10,000,000 Rent 200,000 Building of structures and land 500,000 Other equipment

Challenges Stereotype Health and environmental hazards Land space Man power Poor infrastructure Transportation challenge

Findings Reduced environmental pollution Creation of job opportunities Easily managed even by unskilled personnel Ease of Transportation Highly profitable Easy to start-up Requires less labour

Recommendations Waste products should well sorted Public awareness Government policies