Entrepreneurs now ready to take on the business world
Entrepreneurs learn to turn their failures into an investment and success.
Thuthukani, an enterprise and supplier development programme by Thungela, successfully produced its first group of enterprise development graduates.
Thungela, in partnership with Raizcorp provides host community entrepreneurs with practical, hands-on entrepreneurial learning, technical enablement, development, and mentorship to help entrepreneurs expand their business knowledge to become profitable and sustainable into the future.
On May 19, 14 local entrepreneurs celebrated their successful completion of the programme which entailed three critical areas: Developing a robust business case, understanding business operations, and establishing a market presence.
Throughout the programme the beneficiaries completed 22 comprehensive modules, covering essential aspects of business development.
“The Thuthukani Programme has equipped the beneficiaries with a well-rounded skill set in enterprise development, providing them with the necessary competence and knowledge to successfully launch and grow their businesses. This comprehensive approach ensures that they are well-prepared for the challenges and opportunities of the business landscape,” said Sandile Mkono, Thungela’s enterprise and supplier development manager.
Mthobisi Thomo, a water purification and bottled water supplier, said “The Thuthukani enterprise development programme provided invaluable assistance in enhancing my understanding of financial management. It equipped me with the necessary skills to effectively handle finances as a small business and effectively manage cash flow. Personally, the programme greatly benefited me in the financial management of my business. Previously, I struggled with accurate bookkeeping, but the knowledge I have gained has empowered me to conduct my finances with precision.”
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