Cape entrepreneurs to shine on world stage

01 April 2016 - 10:50 By Jerome Cornelius

Two Capetonians are among 11 social entrepreneurs from around the world who will spend the next year rubbing shoulders with the great and the good at World Economic Forum events. Luvuyo Rani‚ of Silulo Ulutho Technologies‚ and Tracey Chambers‚ of The Clothing Bank‚ were named on Thursday among the Schwab Foundation for Social Entrepreneurship’s group who will benefit from interactions with leaders in business‚ government‚ civil society and the media.Where others saw junk‚ Rani saw opportunity‚ and 12 years ago he started refurbishing computers and selling them out of his car boot in Khayelitsha. Now his business runs IT stores and training centres in townships in the Western Cape and Eastern Cape.Rani said more than half of Silulo’s students had found regular employment and 25 000 had completed accredited six-month IT courses.He said entrepreneurship came naturally. “I never needed guidance‚ I just did it. I saw students who needed employment and that kept me going.”The Clothing Bank started in 2010 and takes excess stock of clothing‚ toys and electronics from major retailers. Unemployed mothers are given 1000 hours of training in running a small business‚ after which they buy the products to resell.It has since grown to six branches and 1 100 mothers have been trained. “It’s about building self esteem‚ finding hope and passing down to the family and changing the mindset that everyone can make their own wealth through self employment‚” said ChambersShe was “incredibly proud and humbled” to receive the award. “We are a tiny South African operation and its quite unbelievable‚” she said.Hilde Schwab‚ chairwoman of the Schwab Foundation‚ said: “This year’s awardees are experimenting with business models and new distribution and replication methods‚ and holding themselves accountable for results. They are changing society for the better in the process.” – TMG Digital/Sunday Times..

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