Each of the top five finalists in our Entrepreneur Competition has a completely different and interesting small business – testament to the diversity of small South African businesses.
Here we offer profiles of the finalists, with videos introducing them and details of what their businesses do.
Dwyka Mining Services
(James William Van Schoor, Rethabile Letlala)
Founded in 2012, Dwyka Mining Services is a results-driven company offering technological and consultancy based solutions to underground mining operations in Africa.
The company provides technically superior, affordable turn-key mining solutions to simplify clients’ decision making and ensure they have access to the metrics that matter.
It aims to bridge the “digital gap” in African mining. It helps clients adopt and adapt to technological change, and to align, identify and harness the power of accurate and relevant data to optimise their operations.
(Tshepiso Manyoha, Nokuthula Mtetwa)
Founded in 2015, Loyal1 offers businesses and their customers a cloud-based platform for managing loyalty card systems. It is pioneering the concept of “loyalty as a service” (LAAS).
Using the platform, businesses can interact with and reward their customers without facing exorbitant entry costs – and customers can avoid having to carry multiple, physical loyalty cards, storing them in a convenient digital wallet instead.
The company also aims to create an ecosystem that will enable the trading of loyalty benefits or points by users across different platforms and retailers. Its potential network includes supermarkets, hotel chains, entertainment venues, banks, restaurants and more.
Matla Risk Management Services
(Thabo Moodie, Nthabiseng Moodie)
Matla Risk Management Services is a finance solution company that focuses on assisting South African spaza shops and small to medium enterprises (SMEs).
Founded in 2015, the company offers trading point-of-sale systems that enable small businesses to accept card and wallet payments. It also provides systems that enable business owners to manage stock levels, place orders electronically, and generate and store data that can be used by banks to assess funding requirements.
Founder of the company, Thabo Moodie, worked in financial services for nearly a decade. He also has experience running a small bottle store and butchery, and so has first-hand knowledge of the challenges – like cash flow, payments and stock control – facing SMEs.
Minatlou Trading 251
(Mpho Patience Mpatane)
Established in 2010, Minatlou Trading 251 supplies women’s personal protective clothing and equipment for use on construction sites, along with a range of office equipment products and consumables.
It’s unusual for a company in the South African construction industry to be owned by a black woman, but that certainly isn’t stopping Minatlou Trading! The company also has a BBBEE level 1 rating.
Sindis Best for All
(Sindiswa Beverly Gqogqonyeka)
Sindis Best for All is an event catering company that offers professional catering and events management for both private and corporate events.
The company conceptualises and implements events that are designed to be memorable, providing tailor-made menus, along with events décor and equipment hiring.
Founded in Soweto in 2000, Sindis Best for All is a black, female-owned business. It has built a reputation for excellence and has attracted a number of corporate clients – among them, companies such as Bosch, Toyota, VW Soweto, Sasol, GM, the Steve Biko Foundation and Save the Children.
In August, the top five finalists will deliver their final pitches to the competition judges. The winner will be announced at a special event in September. Good luck to the finalists!