One of South Africa’s top entrepreneurs, Luvuyo Rani, was the guest speaker at Ineng‘s event on Saturday 28 February at Hubspace Khayelitsha. The event was titled How Entrepreneurs can save South Africa and was focused on the transformative effects that free enterprise can have on the economy and society.
Luvuyo gave a gripping talk about his experiences as an entrepreneur and how he achieved his remarkable success. He talked about his business Silulo Ulutho Technologies, which now employs over 100 people and has made a massive impact in teaching IT and coding skills to township communities. Luvuyo is also the winner of the 2014 JCI Ten Outstanding Young Persons of the World award in the Business/Entrepreneurial category.
Rani first opened the business in 2004 with his brother and a friend. the demand for Silulo Ulutho’s services has grown so much that he’s opened 18 stores in Khayelitsha and five in the Eastern Cape. The centres have together educated over 10,000 students.
The event also featured debate and discussion on how entrepreneurs can alleviate poverty and uplift people by providing goods and services to their communities, and how many small businesses working in their communities can fight the crippling poverty and unemployment facing South Africa.
Luvuyo said the future wealth of the Western Cape was present in the room that day, and that it was through the efforts of entrepreneurs and small business owners that conditions in the province would improve. Luvuyo also supported entrepreneurs who spoke out on issues affecting them, saying “We need a youth league of small businesses. We need more vocal people”.
There was also discussion on how government and municipalities can alter policies to even the odds and give small businesses a fairer chance to compete with established businesses in the marketplace. However, due to time constraints, the event had to wrap up for lunch just as the honest dialogue about real issues was getting heated.
Several key issues were discussed, including incentivising developers to include trading spaces for SMMEs and micro-enterprises also emerged. These will form the basis for future Entrepreneurs in Public Policy events.
More info on Hubspace Khayelitsha.
More info on Luvuyo Rani.
See full event photos available here.
Download PDF copy of Event booklet.