Meet Nkululeko Mhlaba, an entrepreneur making big moves in the space of ICT, with his company, Phungela. A client of Masisizane Fund, Phungela challenges the myth that the ICT sector on the African continent lacks creativity or innovation. Through its creative ingenuity and homegrown technological solutions, it is helping to dispel outdated misconceptions.
Masisizane Fund was founded on the belief that economic empowerment, through sustainable enterprise development, is vital to South Africa’s commercial success. Its primary goal is to help SMEs establish and grow their businesses, ultimately reducing poverty, inequality and unemployment. Phungela provides tailored development support, working closely with clients to ensure their growth and sustainability beyond funding.
This press release was first published by Old Mutual on 11 October 2024. Reproduced with permission.
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