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"No economy has ever grown without SMMEs, and we are proud to have contributed to such a change."
That's the pronouncement of the Greater Alexandra Chamber of Commerce in South Africa, which last month held its first-ever Alexandra Youth Entrepreneurial Summit.
The goal of the summit, which was held at the Greater Alexandra Digital Incubation Hub, was to "awaken the sleeping potential of the youth" in the township, which is "overshadowed by crime and unemployment," a chamber rep tells IOL.
One of the participants, Shane Malatji, says running a business is "not a pipe dream" after losing his job during the Covid-19 pandemic.
Malatji, who started Phumula Toilet Paper Manufacturing after losing his job, says his love for the business began when he started selling toilet paper to make ends meet after losing his job.
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Spotlight
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In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.