iKhokha hosted another Coffee Connect event on the 22nd of May 2025. On a monthly basis, the iKhokha Daveyton branch hosts their clients and surrounding businesses with the aim of identifying problems faced by their clients. Currently, the concept is cash flow management as well as the challenges associated with it.
While most may argue that profit is what drives a business, iKhokha believes that a well structured business is driven by an excellent cash flow.
Cash flow refers to the money that goes in and out of a business. Businesses take in money from sales as revenues (inflow) and spend money on expenses (outflow). They may also receive income from interest, investments, royalties, and licensing agreements and sell products on credit rather than for immediate cash. iKhokha believes that businesses should have a proper management plan and are advised to centre their attention on cash flow rather than profit. This approach will ensure that the inflow and outflow do not suffer in the name of profit. iKhokha makes it their goal to assist businesses with cash flow, business management and additional assistance of swiping machines within their business, as long they the business uses iKhokha swiping machines.
In addition, iKhokha educated their clients about their new iKhokha debit card that can be used by businesses. The card has multiple features which include using the card at a convenient time for the user with no limits. The iKhokha debit card is advanced, enabling users to receive payments twice a day by 04:00 am and 15:00 pm daily. With the introduction of this new feature, the usual 24-hour waiting period for money to reflect is nonexistent.
Jabulile Moreriane won a riffle and got the brand new swiping machine. She expressed her gratitude for attending the iKhokha Connect as she got a lot of valuable information that will help her business develop and thrive. “I am appreciative that I honoured my invitation to attend this event. Thanks to the iKhokha Daveyton branch, I now have a brand new swiping machine to use for my business,” Morerjane excitedly added.
