By Zuko Komisa
A businessman has claimed that it is possible to make at least, R 580 000 selling kotas in a container.
In an entrepreneurship masterclass on Township Entrepreneurship & The Township Economy with Bulelani Balabala, shared some of his knowledge on entrepreneurship.
He spoke about how people’s perceptions of businesses in the township are misinformed and that there’s a great opportunity with every form of business, especially in the township.
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He also mentioned how over the year he’s stumbled into some lucrative business, particularly a kota business that makes R580K a month.
“It was fascinating to see someone who was making R580 000 a month out of a 6 X 4-meter container, or what we call uMkhukhu, which is why I will always say that money is not in glamour, and that is why we continue to undermine the township,” says Bulelani.
WATCH THE VIDEO HERE:
“Making R580 000 per month selling kotas from a 4by4 container”
— The Voice of Marketing (@LeboLion_SA) October 19, 2022
speaking about the value of the township economy with @BulelaniBala on @thelebolionshow
Full link https://t.co/uLeSTUunuJ
MacG Gogo Maweni Funda Thando Katlego pic.twitter.com/PaKtM8mQdj
Social media users have reacted to the claims.
That broer thinks we’re dom . 580k every month from selling kotas ? 😭😭😭 so in 10 months broer made 5 million ? From kotas ? Haaaaa
— SHWABADE (@NkululekoXaba_) October 20, 2022
580k per month from selling kotas?? pic.twitter.com/oZxuFxOaOm
— 🧚🏾♂️ (@elelubiss) October 20, 2022
Let's not even debate this further, 580K per month selling Kotas is a lie, not with hundreds of kota places in every second street all scattered in every township, there's no way…
— 🇿🇦 🎬 ENO VALOYI💻 📡🇿🇦 (@enovaloyi) October 20, 2022
Thando Mathoho South Africans Mangethe Mbalula The EFF Rosebank Home Affairs Berita Mac G SANDF pic.twitter.com/qMhdAE0Fk9
I'm more interested in running costs of this multi-million rand Kota business. What was the start-up cost? How much was spent to get 580K per month? How many employees were/ are employed?
— King Mfanelo (@Mfanelo) October 20, 2022
I can quit my job and cancel by December vacation – you'll see me in Durban July next yr pic.twitter.com/XIwQwcje1C
580k/month kadi Kota?? pic.twitter.com/iLCcG9Jfpm
— AWholesomeVendaGent (@heyytheron) October 20, 2022
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Written by: Zuko
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