14 South African Entrepreneurs to Watch in 2022 (2024)

14 South African Entrepreneurs to Watch in 2022 (1)

We offer a round-up of South African entrepreneurs to watch, in 2022 and into the future.

There’s no denying that economically, our country has been through a tough few years. Plenty of challenges remain – but South Africa’s spirit of entrepreneurship is as strong as ever.

Be inspired by the diverse range of innovative businesses, and the resilience, of these successful young businesspeople.

Gabi Immelman – founder of Mindjoy

14 South African Entrepreneurs to Watch in 2022 (2)

Source: itweb.co.za

Gabi Immelman founded Mindjoy, an edtech startup that teaches children aged eight and up the basics of coding. Designed to be fun and to create a community of learners, Mindjoy offers live virtual coding classes to small groups, as well as online events.

Before starting Mindjoy in 2021, Gabi worked in Silicon Valley in the United States. She has been included on the Mail & Guardian’s Top 200 Young South Africans list for 2022.

Ezlyn Barends – founder of DreamGirls Academy

Businesswoman and coach, Ezlyn Barends, co-founded DreamGirls Academy, a non-profit organisation that empowers young girls and women. Through mentorship, education and financial study aid, it aims to help young women access economic opportunities and move from dependence to self-sufficiency.

Ezlyn has earned places on both the Mail & Guardian’s Top 200 Young South Africans list and FastCompany’s Top Creative South Africans in Business.

Kim Whitaker – founder of Ubuntu Beds

Kim Whitaker founded Ubuntu Beds in 2020 as a way to find frontline healthcare workers a safe place to sleep by linking them to hospitality businesses standing empty due to the lockdown. Kim is also the co-founder of Khwela Womxn.

14 South African Entrepreneurs to Watch in 2022 (5)

Source: Heavy Chef

Mthatha-based entrepreneur Asanda Maqabuka recognised the need for more food delivery during the pandemic. She created the Yojo Food app to allow restaurants, shisa nyamas and other food establishments to have their food delivered during the lockdown.

Arabella Parkinson – founder of Eat to Thrive

Arabella Parkinson founded Eat to Thrive to promote sustainable food systems and healthy food relationships. During the lockdown, she started offering virtual cooking classes to teach people how to use what they already had in the pantry to make healthy meals.

Qhawe Bula – co-founder of TAQA Digital Library

While he was a second-year Bachelor of Social Sciences student in 2020, Qhawe Bula created TAQA, a digital library of read-along children’s books in all 11 official languages. Bula says the aim is to celebrate African identities and encourage a culture of reading in young children.

Mariam Manack – founder of iTrain

Mariam Manack is the founder of iTrain, a proudly South African movement for women aimed at empowering them through fitness and strength. Mariam holds a BA in Sports Science and was named one of Forbes 30 Under 30 in 2019.

Theo Baloyi – founder of Bathu Shoes

14 South African Entrepreneurs to Watch in 2022 (9)

Source: Sowetan Live

Theo Baloyi is the founder and owner of the first black-owned sneaker brand in South Africa, Bathu Shoes. Baloyi’s vision started in the backroom of his uncle’s house in Alexandra township. It now includes an online shop and 16 retail stores around South Africa.

Cameron Naidoo – founder of Guerilla

Cameron Naidoo is the founder of Guerilla, the creative agency behind AmaMeme, the South African meme platform that took off in 2020. Reactions GIFS and images are a big part of social media for individuals and brands. AmaMeme offers uniquely Mzansi memes and content.

Lesego Mokae – co-founder of Ditsogo Projects

Lesego Mokae started Ditsogo Projects from her garage in Rustenburg. Ditsogo Projects is a 100% black female-owned business that specialises in metal fabrication. Going forward, Lesego intends to establish internships and learnership programmes within her business.

Isaac Mbatha – founder of Sky Tents SA

14 South African Entrepreneurs to Watch in 2022 (12)

Source: IOL

Isaac Mbatha is the founder and chief executive of Sky Tents SA. The company manufactures and supplies a range of tents, including stretch and pagoda tents. He represented Africa at the Forbes Under 30 Summit in 2019.

Kgahlego Rasebotsa – founder of Interior Bubble

Kgahlego Rasebotsa is the founder and CEO of Interior Bubble, an interior design business based in Limpopo. Starting with just a few scatter cushions she quickly grew her company into a team of eight. She made it onto the Forbes Africa 30 Under 30 list in 2019.

Lizl Naude – creator of My Africa Lap Desk

During lockdown, Lizl Naude, the founder of Lilly Loompa upcycled homeware, created a unique piece of furniture from a piece of discarded wood. My Africa Lap Desk, an eco-friendly, handcrafted and portable desk for today’s remote workers, was born.

Calvin Pokgwadi – founder of Stempath Labs

Calvin Pokgwadi started Stempath Labs when he noticed the lack of health-care services in poorer communities. Stempath provides pathology services to rural areas. After opening his first branch in 2015, his business has continued to grow despite being in a highly competitive market.

Entrepreneurship at The Workspace

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14 South African Entrepreneurs to Watch in 2022 (2024)

FAQs

14 South African Entrepreneurs to Watch in 2022? ›

Theo Baloyi, founder of Bathu

Bathu is a South African footwear brand and was founded in 2016 by Theo Baloyi. He is an accountant by trade and worked in South Africa and the Middle East before launching his business. While working overseas, he realised that there was a gap in the market for an African shoe brand.

Who is a famous South African entrepreneur? ›

Theo Baloyi, founder of Bathu

Bathu is a South African footwear brand and was founded in 2016 by Theo Baloyi. He is an accountant by trade and worked in South Africa and the Middle East before launching his business. While working overseas, he realised that there was a gap in the market for an African shoe brand.

Who is the South African born entrepreneur? ›

Vusi Thembekwayo (born March 1985) is a South African entrepreneur, author, and businessman. He is the founder and CEO of the MyGrowthFund Venture Partners. He is the author of two books.

What is the current state of entrepreneurship in South Africa? ›

The quality of the overall entrepreneurial environment in South Africa, as assessed by its own national experts and summarized in the National Entrepreneurial Context Index (NECI), had improved from a score of 3.7 in 2021 to 4.1 in 2022, but fell back to just 3.6 in 2023, third lowest of the 49 GEM participating ...

What is the name of the most successful entrepreneur in Africa? ›

Aliko Dangote - Nigeria

Aliko Dangote, often referred to as the "richest man in Africa," is a name synonymous with success.

Who is the richest South African entrepreneurs? ›

Luxury goods mogul Johann Rupert, former diamond magnate Nicky Oppenheimer, media mogul Koos Bekker, mining boss Patrice Motsepe, Capitec founder Michiel le Roux, and consumer retail businessman Chrstoffel Wiese are the wealthiest South Africans kicking off 2024.

Who is the South African born American entrepreneur? ›

Elon Musk is a South African-born American entrepreneur and businessman who founded X.com in 1999 (which later became PayPal), SpaceX in 2002 and Tesla Motors in 2003. Musk became a multimillionaire in his late 20s when he sold his start-up company, Zip2, to a division of Compaq Computers.

Who is the black South African millionaire? ›

Patrice Motsepe, the first black African on the Forbes list and founder of African Rainbow Minerals, ranked 1,208 out of the global billionaires list, with a net worth of 2.6 billion U.S. dollars.

Who is the richest person born in South Africa? ›

Johann Rupert is the richest South African in 2024, followed by Nicky Oppenheimer, Patrice Motsepe, Koos Bekker, Micheil Le Roux, and Christo Wiese.

Who is the self made billionaire in South Africa? ›

Priven Reddy left the streets of Chatsworth to build a billion-rand empire by age 36. Max Lichaba owns five successful business after losing everything a few short years ago. These are the stories of men and women who weren't born with much, but built themselves up to self-made millionaire status anyway.

What business is booming in South Africa? ›

A: Some industries and niches thriving in South Africa include fintech, e-commerce, renewable energy, health and wellness, and digital marketing. However, it is essential to remember that market trends are constantly changing, and it is crucial to conduct regular market research to stay ahead of the competition.

How many entrepreneurs are in South Africa? ›

Of the estimated 2.6 million micro, small and medium enterprises (SMEs) in South Africa, about 37% are considered formal. Of the total, 54% are micro-enterprises and 15% are located in rural areas.

Which African country has the most entrepreneurs? ›

The number of startups in Nigeria was estimated to have exceeded 3,360 in 2022, the highest number in Africa. To follow, Kenya and South Africa counted approximately 1,000 and over 660 startups in the same year, respectively. Other key African markets for startups were Ghana, Morocco, Tunisia, and Rwanda.

Who is the most famous entrepreneur in South Africa? ›

Who Is the Most Famous Entrepreneur in South Africa?
  • Elon Musk. Founder of SpaceX, Tesla, Inc., and co-founder of PayPal and Neuralink. ...
  • Koos Bekker. Chairman of Naspers, a multinational group of media and e-commerce platforms. ...
  • Patrice Motsepe. ...
  • Mark Shuttleworth. ...
  • Adrian Gore. ...
  • Stephen Saad. ...
  • Christo Wiese. ...
  • Ivan Glasenberg.

Who is the number 1 entrepreneur in the world today? ›

1. Jeff Bezos, Founder of Amazon. The biggest name in online retail is undoubtedly Jeff Bezos, founder of Amazon, the largest e-commerce company in the world.

Who is the most loved entrepreneur? ›

Top 32 successful and famous entrepreneurs in the world
  • Bill Gates. Source. Bill Gates is worth nearly $130 billion. ...
  • Elon Musk. Source. ...
  • Jeff Bezos. Source. ...
  • Oprah Winfrey. Source. ...
  • Melinda Gates. Source. ...
  • Warren Buffett. Source. ...
  • Melanie Perkins. Melanie Perkins – Source. ...
  • Mark Zuckerberg. Source.
May 13, 2024

Who is the richest black business man in South Africa? ›

Africa's First Black Billionaire Motsepe Says Best Entrepreneurs Exude Musk-esque Confidence. Billionaire Patrice Motsepe says there's one feature common across most entrepreneurs: a belief in their vision in the face of others telling them they won't succeed.

Is Nelson Mandela an entrepreneur? ›

Many do not realise that Nelson Mandela was once a business owner. In 1953, Nelson Mandela and Oliver Tambo established Mandela and Tambo Attorneys; it was the only black-owned African law firm in the country. Why is entrepreneurship important today?

Who are the two successful entrepreneurs in South Africa and their role in our society? ›

Patrice Motsepe and Elon Musk are prominent South African entrepreneurs who have significantly impacted society through innovation and philanthropy. Motsepe is known for his mining ventures and philanthropic contributions in South Africa, while Musk has achieved global recognition for his technological innovations.

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