Category: Archives

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 […]

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. […]

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 […]

SAIE’s New Venture Creation Learnership Programme

One of the recently established programmes by the institute is the New Venture Creation Learning Programme. This leadership programme is a year long, covering eight entrepreneurial and business skills modules including business environment and marketing; business planning; financial management and planning; business strategy and operation; business ideas generator and human resource issues; business roles; management skills; leadership and communications; entrepreneurship, performance and careers. Each of these modules takes on month to complete – learners attend one week of training, and spend three weeks working in their business as well as preparing the assignments for the current module. The NVC is a Service Seta accredited programme, registered at NQF level 4.

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 […]

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 […]

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 […]

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 […]

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 […]