How did a young South African woman start a mutual bank?
Podcast |
Africa Daily
Publisher |
BBC
Media Type |
audio
Podknife tags |
Africa
News & Politics
Categories Via RSS |
News
Publication Date |
Feb 19, 2024
Episode Duration |
00:20:12

“This is a time for us to stand very tall and stop aid in Africa. We need to find a way of nurturing our natural resources that we have in Africa and really claim back this beautiful continent that we call the Mother Africa” – Nthabeleng Likotsi, South African entrepreneur Today Alan Kasujja sits down with award-winning South African entrepreneur Nthabeleng Likotsi, to discuss how she and her team are building a mutual bank. Her country’s central bank, SARB, recently granted her organization a license to officially run their organization. It took nearly a decade for Nthabeleng to secure this crucial document because businesses first have to tick all the boxes. Her organisation, Young Women in Business Network, is the very first black women owned financial services company of its kind to be granted such a permit in her country. Nthabeleng’s is a story of relentless optimism, perseverance, the ability to learn all the time and most importantly, having the courage to pursue your dreams. The lessons don’t only apply to business. As our listener, you could use them to start anything. It could be a small initiative that helps your community or anything that makes a difference in the lives of your loved ones.

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