The inaugural Township Economy Awards 2024 ceremony recognised outstanding businesses and individuals making a positive impact in their communities. This prestigious award was the culmination of the 6th Annual Township Economy Summit, hosted by the Township Entrepreneurs Alliance (TEA) in Tembisa, Gauteng. TEA is the driving force behind South Africa’s township and rural entrepreneurial ecosystem and has directly impacted over eighty thousand township entrepreneurs and five hundred township businesses over the last nine years. The summit took place on 21 and 22 November and the Township Economy Awards on 23 November.
With a sector valued at over R900 billion, the township economy continues to play a pivotal role in driving economic growth and job creation. Events such as the Township Economy Summit and the Township Economy Awards highlight the achievements of black pioneers in this sector.
This year’s events joined township entrepreneurs, corporate leaders and government officials to explore actionable strategies, share success stories and address the unique challenges within South Africa’s vibrant township economy. Titled, “Inclusive Economic Future”, it focused on seven key industries driving growth in townships: the Green Economy eKasi, Manufacturing, Transportation, Backroom Market eKasi, Retail and Agriculture as well as Technology and Innovation.
Township Economy Awards Highlights
The awards honoured entrepreneurs who drive change, innovation and growth in their communities. The gathering featured a compelling lineup of speakers who brought fresh perspectives and valuable insights.
Deputy Minister of Small Business Development, Ms Jane Sithole, set the tone with her opening remarks, urging action over words. “Your words become empty if they are not followed by action,” she stated, emphasising the importance of tangible commitments and collaborative efforts to unlock the potential of the township economy.
Lizzy Mogale, Managing Executive: Insights and Advisory at Nedbank Retail and Business Banking, captivated the audience with her inspiring address. Recognising the significance of the venue, she remarked, “We are in a church,” and praised TEA for “taking a space, converting it and elevating it.” Highlighting the transformative moment for township economies, she asserted, “The township economy is at an intersection of growth and transformation. When we come together, we can make an impact.”
Host partner City of Ekurhuleni, Major Nkosindiphile Xhakaza’s address was indeed thought-provoking, addressing the importance of acknowledging the challenges faced by township businesses while also highlighting their resilience and potential for growth. His message of hope and inspiration, noting that the township economy is “inspiring our communities and countries,” resonated deeply.
Dr. Thebe Ikalafeng, renowned for his global insights, reflected on the importance of building connections. “When I go into different countries, I arrive as a stranger but leave as a friend,” he shared, underscoring the power of relationships. He challenged attendees to think big and “go beyond the border,” reminding them that entrepreneurship transcends limits.
Dr. Pepe Marais, Co-Founder of Joe Public, delivered a thought-provoking presentation on the essence of businesses, pointing out the importance of building purpose-driven enterprises that create lasting value.
Sheldon Tatchell, founder of Legends Barber, who also presented the Male Entrepreneur of the Year award, shared his remarkable journey from humble beginnings in Eldorado Park to taking Legends Barber to the international stage. He offered words of wisdom, saying, “Do not despise small beginnings” and “Do everything to get your brand seen.”
The star of the show was Godiragetse Mogajane founder of Delivery Ka Speed, who took home three awards. This achievement highlights the founder’s innovative spirit, hard work, and dedication to excellence.
In a heartwarming moment, Thulani Ntshuntshe, CEO of Five Star Fire, took the stage as a distinguished guest. As the first-ever winner of the TEA Kasi Pitching Challenge, Thulani’s journey came full circle, demonstrating the impact and success that can arise from the opportunities provided by the TEA platform. Adding to this remarkable achievement, Thulani was also honoured with the prestigious Chairman’s Award, a testament to his exceptional entrepreneurial spirit and dedication to excellence.
The Township Economy Award Winners
Agricultural Excellence Award: Agrishelves Group, Lindelani Xhanti
Construction Champion Award: Protilagor Projects, Musa Mbatha
Creative, Arts & Culture Award: Sir Alba Tutoring and Arts Academy, Albert Zitha
Entrepreneur with Disability Award: Definitive Brand Culture (Pty) Ltd, Khwezi Mthembu
Food & Beverage Award: Nosso-Sunflower Oil (Pty) Ltd, Calab Baloyi
Green Economy Award: Enoch And Petros Innovative Creations, Mthimkhulu Qhayiyana
Health & Wellness Award: The Blend Wellness, Gugulethu Masondo
Manufacturing Excellence Award: Borotho Bakery Enterprise (Pty) Ltd, Refiloe Rantekoa
Professional Services Award: Young Barber Shop, Le-more Jannetjies
Retail Excellence Award: ANDURA (Pty) Ltd, Lindokuhle Mnisi
Service Excellence Award: AMA X-RAYS, Aphiwe Madikizela
Social & Community Impact Award: Siyoyisile Indlala Community Farm and Projects, Nthabiseng Mkhize
Technology & Innovation Award: Kaymores Marketing Agency, Kissmart Tshabalala
Transport Award: Delivery Ka Speed Pty Ltd, Godiragetse MogajaneThe inaugural Township Economy Awards 2024 ceremony recognised outstanding businesses and individuals making a positive impact in their communities.
Female Entrepreneur of the Year: AMA X-RAYS, Aphiwe Madikizela
Male Entrepreneur of the Year: Delivery Ka Speed Pty Ltd, Godiragetse Mogajane
Youth Entrepreneur of the Year: Delivery Ka Speed Pty Ltd, Godiragetse Mogajane
Chairman’s Award: Thulani Ntshuntshe
Lifetime Achievement Awards: Dr. T Mazwai, Ritha Zwane
Dr. Thami Mazwai is a distinguished activist, journalist, academic, and entrepreneur whose career spans over five decades. As the founder of Mtiya Dynamics (MD), Dr. Mazwai has pioneered solutions in enterprise and supplier development, with a focus on empowering small businesses and creating sustainable economic opportunities for marginalised communities across South Africa.
Author and founder of Imbizo Shisanyama , Ritha Zwane, had a message to the youth entrepreneurs saying, “Don’t give up on your businesses. Be a big dreamer and never be afraid to ask for guidance from us second-generation entrepreneurs so that you’re able reach your destination.”
Bulelani Balabala, founder of TEA, brought this incredible event to a close with heartfelt thanks to our sponsors, the municipality, and, most importantly, the entrepreneurs who rise every day to make a difference. In his parting words, Bulelani reminded us of the power of innovation: “You can show someone how you can rethink the space.” Let’s continue to transform, elevate, inspire and ‘GET THINGS DONE’! Together, we celebrate the achievements of township entrepreneurs and look forward to greater innovation and collaboration in the 2025 Township Economy Summit and Awards!
