The International Finance Corp., Business Partners and IBM South Africa have announced the winners of the inaugural Young Entrepreneur Business Plan Competition, which sought to support small business owners and managers in South Africa.
The winners and their businesses include:
- Ntobeka Bonyana of Embo Environmental Solutions, which provides services relating to renewable energy, effluent treatment, alternative building technology, wastewater treatment and hazardous waste management. - Thandanani Khoza of Solaris, which installs and maintains solar water heaters. - Siphiwe Ntuli of Universal Car Mat Manufacturers, which offers durable and customized car mats to the automotive industry and aims to set up a fund to help young students advance their studies.