Sabelo Buthelezi — most promising young entrepreneur of the year

2018-04-18 06:00
Sabelo Buthelezi with his awards.

Sabelo Buthelezi with his awards.

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THE entrepreneurial spirit and tenacity of small business leaders in KwaZulu-Natal was celebrated at the 2018 Business Achievers Awards gala ceremony last month — hosted by the Ithala Development Finance Corporation.

The awards recognise business achievements and excellence, their contribution to job creation and the growth of the province's economy.

Winners in each category are selected on the basis of their business sustainability, growth, job creation, community development, entrepreneurial flair and innovation.

Congratulations to Umvoti's Sabelo Buthelezi, owner of Limco Logistics, on being awarded the special accolade of the most promising young entrepreneur of the year.

Sabelo started his business in 2012 with two trucks and within six months had expanded his fleet to five trucks.

He has since increased his number of employees from five to 13 and his business is growing.

He was the only young entrepreneur to be nominated for these awards and the judges believed that this would bear testimony to the critical role Ithala plays in youth business development.

"In selecting the finalists for the awards, we nominated key clients who epitomise a spirit of entrepreneurship, have a good track record of financial performance, have made an impact in their community and demonstrated innovation and personal integrity," said Ithala acting Group Chief Executive, Thembe Mathe.

The judging process was stringent with external independent adjudicators from the Durban Chamber of Commerce and the Ethekwini Municipality Business Support Unit ensuring impartiality.

Issued by: Ithala Development Finance Corporation.

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