NYDA Web > News
Beneficiary of the Week: Sibusiso Malambule
 

 Latest Articles

 
5/20/2016
“Never give up on your goals, despite your background,” are the inspirational words of a twenty nine (29) years old young businessman, Sibusiso Malambule who lost his father at the tender age of seven (7).
Raised in rural KwaZulu Natal by a widowed single parent, Malambule, saw a need to improve the living conditions in his home. “The reason I decided to start a business was because of lack of job opportunities.  I also had no work experience to access job opportunities,” says Malambule.
In his quest to start his own business, Malambule found the National Youth Development Agency (NYDA) on the internet and recalls that the one thing that stood out about the organisation was its willingness to assist aspiring entrepreneurs who are under-privileged just like him.
The NYDA assisted Malambule with a grant worth R50 000 for his IT business, Malux IT Solutions. Transnet and SEDA also played a role in kick-starting his business. Malux IT Solutions now employs three (3) fulltime employees.
Like any aspiring entrepreneur and growing business, goals and a vision are put in place and for the young IT company founder, his is to become a recognised entrepreneur in the IT industry as well as to help disadvantaged people with the same background like his.