Cape Town entrepreneur was named the 2016 Schwab Foundation Social Entrepreneur

CapeTown’s entrepreneur, Luvuyo Rani was named the 2016 Schwab Foundation Social Entrepreneur at the World Economic Forum (WEF) in Kigali, Rwanda.

Rani is the founder and managing director of Silulo Ulutho Technologies which has 33 branches in and around Cape Town’s townships.

Silulo Ulutho Technologies sells second-hand computers, runs internet cafes, a computer school and installs software.

Rani quit his job as a teacher in 2004 and started selling computers from the boot of his car.

Listen to Luvuyo Rani's touching story to becoming a successful entrepreneur:

Speaking to CapeTalks’ John Maytham, Rani says he believes entrepreneurs are born and not made. His journey bears witness, he says.

He says he struggled to get financial support to get his business up and running, but he never gave up because he believed so much in his business idea.

Currently Silulo Ulutho Technologies employs 178 people.

Rani encouraged other entrepreneurs not to keep the knowledge to themselves but to go out there and mentor, share and look a way to make their business idea happen.


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by NEWSROOM AI
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