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ABSA School Entrepreneurship Stars Challenge 2016

Introduction The Judging and Award Ceremony for Grade 10 learners was conducted in four provinces, namely Free State, Eastern Cape, Northern Cape and KwaZulu Natal Thirty nine schools in total participated in this Challenge. The Ceremony was a culmination of a range of activities at these schools that started in November 2015, including training, monitoring and support, learner diagnostic assessments and motivational talks. Challenge Itself Learners were formed in teams of 5 and were challenged to generate 10 business ideas which would consider originality, creativity...

SAIE’s New Venture Creation Learnership – A Luck By Chance for Carol Mqeni

“Since childhood, my life has been a roller coaster ride. I was born in a family with four other siblings and today we are just three of us left. My marriage ended soon, but left me with three beautiful children, two boys and one girl. I live my life very independently and am not afraid to say that I am extremely business-minded. For 11 years straight, I worked as a waitress in a restaurant in Cape Town on Loop Street....

Gugulethu’s well established entrepreneur, Mr Mzoli Ngcawuzele, at SAIE’s NVCL Academy

SAIE Entrepreneurs welcomed with widened smiles and joyful excitement,  one of Gugulethu’s well established entrepreneurs Mr Mzoli Ngcawuzele during one of the New Venture Creation classes. Mr S. Roomanay, Head of SAIE Academy, has just wrapped up one of the Management Skills, Leadership & Labour relations module when the class was graced with his presence. Mr Mzoli, briefly gave the class his entrepreneur 101 experience of his  world famous Thisa Nyama establishment called Mzoli’s, and notably highlighted that is was his...

ABSA Sponsored School Entrepreneurship Programme Launched in Five Provinces, February 2016.

The ABSA sponsored School Entrepreneurship programme, in association with the South African Institute for Entrepreneurship (SAIE), was launched in five provinces in January 2016 – Eastern Cape (East London), Free State (Phuthaditjhaba), Northern Cape (Barkley West), and KwaZulu-Natal (Pinetown). The School Entrepreneurship programme is of high priority for ABSA and SAIE. The programme is in line with the government’s objective to develop entrepreneurs in order to create sustainable employment and reduce poverty. Fifty high schools from across the five provinces are participating...

SAIE’s New Venture Creation Learnership Programme

SAIE’s Vision – A dynamic culture of entrepreneurship in South Africa that promotes entrepreneurial behaviour and the creation of jobs SAIE’s Mission – To achieve its vision of a dynamic culture of entrepreneurship in South Africa by developing programmes and methodologies that are underpinned by key entrepreneurial drivers and to ensure that they are effectively delivered so that participants are motivated by these drivers and skilled in the tools required to start or improve businesses in SAIE’s chosen sectors What We Do...

Sydwell Nyakane Matabula Community Property Association (CPA), Mpumalanga

Sydwell Nyakane (29) is a man with a mission: to research the various segments of the agricultural industry and to explore business opportunities. Sydwell is the owner of Matabula CPA, a farm situated in the heart of White River, Mmbombela in Mpumalanga. The farm was established in 2006. Sydwell’s life has always revolved around farming and his mother has been his main inspiration and a pillar of strength. Sydwell completed the SAIE Agriplanner training that empowered him to expand his...

Thapelo Edwin Mwale Letlhabile Information Technology Centre, North West

Thapelo Edwin Mwale (26) was one of the beneficiaries of the Absa-funded IT Skills programme. Participants attended a business simulation programme (the BEST Game) in 2013 for five days. Participants were then selected based on a number of criteria and had to compile a business plan for an IT centre and present it to a panel of judges. Four candidates out of a total of 40 were selected to manage and co-own the centre. Thapelo Mwale was one of them. He...

Biotumelo Seoleseng – Kimberly Information Technology Centre, Free State

Biotumelo Seoleseng and Mxolisi Majodina were the joint owner-managers of the Kimberley Skills Centre established in 2013. After eight months of operation, Mxolisi obtained government scholarship to study medicine in Cuba, so had to abandon his technology entrepreneurship dream. Boitumelo assumed full responsibility of the Kimberly Information Technology Centre (ITC) and his management and IT skills were tested to the limit. Biotumelo has employed two part-time facilitators to assist him with computer training. This has allowed him to concentrate on more...

Jack Molomo and Hosea Phala – Bathokwa High School, Limpopo

Jack Molomo (18) and Hosea Phala (19) are in Grade 12 at Bathokwa High in the Waterberg District of Limpopo. Their village is about 150 kilometres west of Mokopane. Jack recalls how his mother was growing vegetables in the back garden when he was growing up and she always encouraged him to help out in the garden. This encouragement would later inspire him to turn a self-sustaining garden into a business opportunity. Jack and Hosea had been talking about starting...

Reagan Mogasha – Bathokwa High School, Limpopo

Reagan Mogasha is a Grade 11 learner at Bathokwa High school in a deep rural community in Limpopo. There is very little business activity in the area where he lives and the main town is about 150 km away. According to his teacher, Ms Mashilo, Reagan is a “shy, respectful, humble learner who works very hard to get what he wants.” He is also a young businessman, thanks to the BEST game. This young man is a buyer and seller of...