Unlocking Economic Growth in Zululand: A Business Breakfast Hosted by Old Mutual and Zululand Chamber of Commerce

In a compelling show of commitment to economic development, Old Mutual partnered with the Zululand Chamber of Commerce to host a “Unlocking Economic Growth” business breakfast. This event brought together key stakeholders and business leaders, emphasizing the power of collaboration to uplift Zululand’s economy and support small business growth.

The purpose of the gathering was set by Sinovuyo Balfour, who highlighted Old Mutual’s strategic role in supporting small businesses. Balfour underscored how Old Mutual’s tailored financial services provide critical support to entrepreneurs, from investment guidance to financial education. “We are committed to fueling the growth of small businesses,” said Balfour, “because they are the backbone of a sustainable economy.”

Delivering the keynote address, Mr. Thami Zondi, the HOD for the Department of Economic Development, Tourism, and Environmental Affairs (EDTEA), explored the government’s vision for economic expansion in the region. He spoke about recent policy efforts and investment opportunities aimed at fostering a supportive environment for both emerging and established businesses. Zondi emphasized the importance of regional initiatives and their ripple effect on South Africa’s economy.

A roundtable discussion followed, with insightful contributions from Nozuko and Vanessa of the Zululand Chamber. Their discussion focused on actionable steps to empower local businesses, including partnerships, skill development programs, and fostering market accessibility. Together, they outlined a collaborative approach to create more job opportunities, improve business networks, and enhance the overall quality of life in Zululand.

This business breakfast was a significant step toward reinforcing Zululand as a thriving economic hub. Through the combined efforts of Old Mutual, the Zululand Chamber of Commerce, and key local leaders, the future looks promising for businesses aiming to drive long-term economic growth in the region.