Skip Ribbon Commands
Skip to main content
Skip Navigation LinksHome>Media Room>Eskom Foundation rewards young future entrepreneurs
Eskom Foundation rewards young future entrepreneurs
Friday, 02 February 2018: The Eskom Development Foundation, in partnership with the Education With Enterprise Trust (EWET), hosted a prize-giving ceremony in celebration of excellent youth entrepreneurship education on 30 January 2018 at Tharabollo Secondary School in Vereeniging, Gauteng. The ceremony was to celebrate the province’s top achieving schools in the 2017 Simama Ranta School Entrepreneurship Education Competition.
Tharabollo Secondary School was named as the Gauteng provincial national winner of the competition, receiving a R50 000 prize money, while Lakeside High School and Setjhaba High School emerged as the first (R25 000) and second (R10 000) runners-up respectively.
The annual Simama Ranta competition identifies and pays tribute to South African schools that are exemplars in entrepreneurship education. The competition seeks to teach and encourage young people to consider entrepreneurship as a career choice.
Simama Ranta rewards the top three schools in each province as well as the overall national winner of the competition from 28 finalists. To qualify for the competition, intermediate and secondary schools must run enterprise clubs that teach their learners the basics of starting and running successful businesses through practical application while responding to their respective communities’ socio-economic challenges.
Tharabollo produces and sells archaar, sell poly fleece blankets and collect recyclables such as paper and plastic bottles.
“For us, anything is possible. With the YES advisors on board to provide support and guidance we at Tharabollo have made a difference to our community through our recycling initiative and other products which we produce and sell for profit,” said Jacob Makhele, YES Club member from Tharabollo Secondary School. 
The prize-giving event was held to recognise the province’s young people and their contribution to socio-economic development and to encourage a culture of entrepreneurship amongst in-school youth. Millions of young employable South Africans are unemployed and the Eskom Development Foundation and EWET run this programme to empower the youth to actively participate in the economy.
“We are overwhelmed with what we see now. It hasn’t been an easy journey, but our learners and staff persevered to get here today. Entrepreneurship education is key and we are here today celebrating the achievements of our learners on their journey of entrepreneurship as they set out to change their communities,” says Mananki Mokele, YES Advisor at Tharabollo Secondary School
Eskom Development Foundation CEO, Cecil Ramonotsi, told the youngsters that the key to unlocking the economy lay in the small and medium business sector. “We need more small businesses and by empowering our young people to learn how to start and run businesses, we can achieve that. Collaborations like the one between Eskom and EWET, that unearth initiatives like the Simama Ranta School Entrepreneurship Education competition, are proving to be great catalysts in developing long term, sustainable solutions,” said Ramonotsi.
The Eskom Development Foundation is tasked with implementing Eskom’s CSI strategy in sectors including enterprise development, education, healthcare, social and community development.