Youth entrepreneurship at its best: Recognition for Thabiso Mncwabe

2018-05-23 06:01
Thabiso Mncwabe.

Thabiso Mncwabe.

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

THABISO Mncwbe, a 26-year-old Greytonian who runs a successful small business making toilet tissue, is intensely grateful to his grandmother who raised him.

His story is a testament to the powerful creativity that emerges when hard work, initiative and creativity are supported by business skills and mentorship.

Thabiso is actively participating in the Tholoana Enterprise Programme, where he is a star performer.

A deep urge to make a better life for himself drives him. Unafraid of long hours and heavy lifting, Thabiso is proud of the hard work and effort that is already bringing significant rewards to his business, Twin Twice Tissues.

Bridgit Evans, director of the SAB Foundation who sponsors the programme noted that 50 participants were selected to join the programme from more than 2000 businesses that applied country wide.

“Thabiso was an obvious candidate. His company was already a well managed operation, busy with production. His orders exceeded his production capacity and he was trying to keep up with the sales. As it so happens, he was also the only one of nine rural KZN youth entrepreneurs who had actually succeeded in turning a manufacturing opportunity sponsored by the province, into a thriving business.”

Based in Makhabeleni, Twin Twice operates mostly on a cash basis, with deliveries being paid for upfront.

This tight cash flow management, his innovative delivery schemes, and aggressive marketing have enabled him to penetrate the SPAR outlets in his and surrounding towns, and things continue to improve.

Thabiso recently started supplying one of KZN's five mega SPARs.

If this trial period goes well, he hopes to secure contracts with the other four.

He also supplies 20 standard SPARs and 18 Cash & Carry stores, and employs eight permanent staff members with nine casuals. In addition, he supplies B&Bs, local stores, and Wimpy restaurants.

The company grew out of the need for affordable toilet tissue where the provincial Government's sanitation works were rolling out new toilets.

Despite limited storage space at his premises and only one machine, the business maintained a steady production flow, selling almost all his stock before even being manufactured.

Thabiso put the necessary control systems in place, engaging enthusiastically with his mentor thus qualifying for grant funding which enabled him to replace his vehicle which had crashed in the mist.

Thabiso continues to develop valuable skills that improve his leadership and grow his business. His potential is being widely recognised.

The Umyezane Award for KwaZulu-Natal's Best Youth Managed Business was a highlight of his career.

The prize will help him acquire additional operational space.

Thabiso has taken to mentoring 10 young business owners, sharing his natural flair for entrepreneurship and his recently learned insights.

“As a high school student, I walked 25 km every day to attend school. My passion now is to inspire other SMMEs to keep trying, no matter how far they have to go to ‘finish the fight’ and to reach their own goals,” he said.

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
NEXT ON NEWS24X

Inside News24

 
/News
Traffic Alerts
Traffic
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.