Page 10 - DUT CONNECT - Spring 2024

DUT Alumni Business Breakfast Networking Session:
A Catalyst for Innovation and Collaboration
On Monday, June 24, 2024, the Advancement & Alumni Relations Unit, in collaboration with DUT Innobiz and the Centre for Social Entrepreneurship, hosted a groundbreaking event at the Riverside Hotel & Conference Centre that promises to pave the way for future entrepreneurial achievements. The DUT Alumni Business Breakfast Networking Session provided a vital platform for Durban University of Technology alumni to connect, collaborate, and advance their business endeavours.
Mr Zwakele Ngubane, the Director of Advancement & Alumni Relations, and the event’s Programme Director, warmly welcomed the distinguished guests. In his opening remarks, Mr Ngubane emphasised the essential role of alumni engagement and the significant impact networking and collaboration has on fostering business growth and innovation. He indicated that through such events and initiatives, DUT reaffirms its commitment to realising its ENVISION2030 strategy by being “People-Centred and Engaged”, as well as being “Innovative and Entrepreneurial”.
The session featured three notable guest speakers (all of whom are DUT alumni) who shared their entrepreneurial journeys and insights:
Ms Ntobeko Mafu, the owner of Madam Clucks a Lot, a thriving poultry business, captivated the audience with her story of perseverance and ingenuity. She underscored the importance of hard work, strategic thinking, and passion in achieving business
success. Ms Mafu’s journey from humble beginnings to becoming a successful entrepreneur served as a powerful inspiration to all attendees.
Mr Ricardo Lognath, a pioneer in the online medical technology space with Omninela Medical, provided a compelling look into the future of healthcare. Recognised alongside his brother Nicolas in Forbes Africa’s 30 Under 30, Mr Lognath highlighted the transformative potential of digital health solutions and the importance of innovation in the medical field. His insights into leveraging technology to improve healthcare accessibility and efficiency were particularly enlightening.
Mr Sibusiso Nxumalo, known professionally as J Sbu, brought his charisma and energy to the event.As a well-known radio personality at East Coast Radio and founder of J Sbu Entertainment, he inspired attendees with his creative vision and entrepreneurial spirit. Mr Nxumalo’s dynamic approach to blending entertainment with business offered valuable brand- building and audience engagement lessons.
In addition to the guest speakers, Old Mutual, a leading financial services provider,offered expert financial advice to the attendees. Ms Prashna Prithipal and Mr Yegan Reddy shared their financial planning and business insurance guidance, which was invaluable, equipping entrepreneurs with the knowledge needed to secure and grow their enterprises.
A key highlight of the morning was the launch of the AlumBiz Fund by Alumni Relations Coordinator Ms Ronelle Lyson. This new initiative aims to provide financial assistance to DUT alumni starting businesses or with promising business ideas. The AlumBiz Fund is set to become a crucial support system
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