DUT CHC EMPOWERING SMALL BUSINESSES
By: Nhlanhla Ndlovu
The Durban University of Technology (DUT) Central Housing Committee (CHC) invited co-operatives companies to empower upcoming entrepreneurs at Mansfield Hall on Friday.
The event was set to groom future entrepreneurs and organised by CHC in partnership with Department of Housing and Student Representative Council. It gave students a chance to get first-hand business experience.
President of the CHC Smanga Sangweni said that their main aim is to help give students the necessary leadership skills.
“We realised that if we do this conference, this will promote and enhance their leadership skills. We figured that a lot of people here are leaders, they want to establish businesses but they are limited, they do not have certain information,” Sangweni said.
The event was graced with organisations like Nedbank and the National Youth Development Agency.
Sangweni added, “Those people (company representatives) promised to assist them financial to establish their businesses.”
He assured Journalismiziko that their main focus are students and they want to make sure that students “get funding”.
Companies attended revealed positive approaches involving the campaign.
Nedbank Durban CBD Area Manager Mdu Sibanyoni, revealed that they have been involve with such events in other institutions.
“We have a plan of supporting small businesses. Small businesses are the ones that drive the economy,” he said.
He added that they are very encouraged if students want to start their own business.
“We have 2.8 million small businesses in South Africa. If we drive them and make them work, unemployment will really decrease,” Sibanyoni added.
He mentioned that they have been involved with the University of KwaZulu-Natal (UKZN) in the past.
“We have assisted UKZN agriculture students and we financed three farmers but this is the first one in DUT and we want to see this one growing,” Sibanyoni concluded.
Final year Public Management student Mandla Dlamini believes that the concept of the event is great and it will assist them as upcoming business people.
“I want to start a logistics business and I have gained a lot in this conference, like how to apply for funding,” he said.
The young man is set to approach NYDA to pursue his dream.