Thursday, August 11, 2022
  • Contact Us
  • Privacy Policy
Vegos
  • Home
  • About
  • News
  • Health
  • Food
  • Recipes
No Result
View All Result
Vegos
  • Home
  • About
  • News
  • Health
  • Food
  • Recipes
No Result
View All Result
Vegos
No Result
View All Result
Home News

Meet the Changemaker Working to Boost South Africa’s Economy

October 16, 2020
in News
5 min read
0 0
Meet the Changemaker Working to Boost South Africa’s Economy

Amahle Ntshinga is a true changemaker. The 27-year-old South African woman has developed an e-commerce platform to help boost her country’s economy. LUNTU, which launched in August, enables consumers to use their purchasing power for good by giving them an easy way to shop for products that align with their values.

The online marketplace brings together a number of companies that sell everything from coffee to apparel and beauty and self-care products. To make shopping for mission-driven products easy, LUNTU uses a scoring system to highlight the social cause that the business benefits.

The LUNTU index classifies products into a number of categories, including cruelty-free, vegan, womxn-owned, Black-owned, eco-friendly, and fair trade—just to name a few.

Ntshinga told LIVEKINDLY she hopes this type of transparency will encourage more businesses to be more sustainable. “LUNTU is also about the environment. We’re not going to get any type of real change in the commercial space unless we stop supporting companies that aren’t doing anything to progress society,” Ntshinga says. 

“Once people decide to use their purchasing power, then all these other corporations that are not doing what’s good for society—I think it will entice them to change,” she continues.

Boosting South Africa’s Economy

Bloomberg’s Misery Index ranks some of the world’s economies based on unemployment and inflation rates. According to the index, South Africa has the third-most miserable economy in the world after Venezuela and Argentina.

South Africa’s unemployment rate came in at 30 percent—the highest it’s been in ten years. And the coronavirus pandemic is making things much worse. Earlier this year, the National Treasury predicted the country’s unemployment rate could surge to 50 percent, with more than seven million people out of jobs due to the outbreak. But South Africa’s economy has struggled even prior to the pandemic.

Ntshinga says she—along with LUNTU’s founding partner, Zamaswazi Shabangu, started the e-commerce site to bring more jobs to South Africa.

“Most of our industries are so monopolized. We don’t really have much of a startup culture. Most of our small businesses don’t turn in to medium-sized businesses—either they stay small or they shut down,” Ntshinga explains. 

According to the research networking site Research Gate, the failure rate for new business start-ups in South Africa is incredibly high. This is namely due to the inaccessibility to debt finance from commercial banks.

Conscious Consumerism

Ntshinga conceived the idea for LUNTU nearly four years ago while she was a student in business school. Although she was very supportive of women empowerment and the Black Lives Matter movement, she said she didn’t find herself consciously supporting women- and Black-owned businesses.

“I realized the reason I didn’t do it is because I can’t find them easy enough. And it’s just inconvenient to support the businesses that I want to support,” she explains. “When I realized there was a gap in the market, I came up with the idea.”

As social awareness for issues like climate change, racism, and animal cruelty grow, people are now more driven to live consciously—and shop consciously, too.

“There’s more of a drive to be conscious in general. And I feel like the timing of launching LUNTU is perfect because it’s almost like divine timing,” she explains.

Ntshinga says LUNTU’s ideal customer is someone who is aware of how necessary social change is in the world. “It’s for someone who values quality. But also somebody who is conscious and understands the importance of one dollar and how important your dollar is.”

And, so far, she says the customer reception to LUNTU has been positive. “A lot of people are happy because it is a conscious shopping platform that’s actually owned by someone who is part of the demographic.”

LUNTU: Building the Community

Through her online marketplace, Ntshinga is able to give South African-based businesses opportunities that they might not otherwise have. Some of the vendors featured on her site include South African-owned companies like T-Shirts for Change and Sunburst Creations. The latter makes African-style pillow covers.

She says: “All the vendors signing up, they’re so happy. And every time I pay them their part of the money, I always feel excited. Because these are sales they might not have had without LUNTU.” 

“Small vendors have a wider customer base with LUNTU, so they could increase their sales and hopefully increase their job opportunities and try and get some economy running in South Africa,” she continues. 

And Ntshinga says, above all, LUNTU—a Xhosa word that means community and society—is all about building together.

“In our culture in South Africa, we have something called “ubuntu,” which is all about the community. You’re not going to be a savior and help everyone at the expense of yourself,” she continues. “You know we all build the table so we can eat together. We all cook the food together and we eat together.”

Overall, Ntshinga’s goal is for LUNTU to generate significant revenue streams for her employees and the site’s featured vendors. She hopes this will help foster economic growth for South Africa.

“LUNTU is not an NGO. It is without a doubt a for-profit organization. I definitely am trying to get money. I’m also trying to live the life I want to be living. But I don’t want to do it at the expense of other people or the expense of the planet. And I truly believe that all of us can live the lifestyle we want to live together,” she says.

In the next five years, she wants LUNTU to be the number one mission-driven e-commerce retailer in South Africa. This way, she can widen her impact.

“The nice thing about LUNTU is that it’s an ecosystem. So if we have a thousand vendors on the platform, that’s a thousand vendors that are getting money that they didn’t have before. I think about many South African lives we are impacting that way and it makes me very excited,” she adds.

To learn more about LUNTU, click here or follow Ntshinga and LUNTU on social media.


Credit: Source link

ShareTweetSendShareShare
Previous Post

Entrepreneur Develops Ukraine’s Version of Vegan Beyond Burger

Next Post

10 Ways to (Pumpkin) Spice Up Your Life

Related Posts

Why Beyoncé Swapped Her Birkin Bag with a Vegan Leather Tote 
News

Why Beyoncé Swapped Her Birkin Bag with a Vegan Leather Tote 

August 10, 2022
Finally, a 100 Percent Vegan Grocery Store Big Enough to Rival Whole Foods
News

Finally, a 100 Percent Vegan Grocery Store Big Enough to Rival Whole Foods

August 10, 2022
KFC Vegan Food: The Ultimate Ordering Guide
News

KFC Vegan Food: The Ultimate Ordering Guide

August 10, 2022
Vegan Makāi No Chevdo (Indian Sweet Corn Dish)
News

Vegan Makāi No Chevdo (Indian Sweet Corn Dish)

August 10, 2022
Load More
Next Post
ICELAND Killed Its ‘LAST’ Whale?

10 Ways to (Pumpkin) Spice Up Your Life

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Omnipork (Finally?) Launches Vegan SPAM

Omnipork (Finally?) Launches Vegan SPAM

May 20, 2020
United Airlines Adds Impossible’s Plant-Based Meat to Flights and Lounges

United Airlines Adds Impossible’s Plant-Based Meat to Flights and Lounges

June 15, 2022
14 Documentaries That Could Change the Way You Eat

14 Documentaries That Could Change the Way You Eat

October 8, 2021
New Crispy Vegan Chicken Patties Launch at Costco

New Crispy Vegan Chicken Patties Launch at Costco

May 15, 2020
Why Beyoncé Swapped Her Birkin Bag with a Vegan Leather Tote 

Why Beyoncé Swapped Her Birkin Bag with a Vegan Leather Tote 

The Health Risks Of Dairy

The Health Risks Of Dairy

Thinking of Quitting Your Vegan Diet? Doctors Address 5 Common Health Questions

Thinking of Quitting Your Vegan Diet? Doctors Address 5 Common Health Questions

Plant-Based Health Expert Reviews The Impossible Burger

Plant-Based Health Expert Reviews The Impossible Burger

Why Beyoncé Swapped Her Birkin Bag with a Vegan Leather Tote 

Why Beyoncé Swapped Her Birkin Bag with a Vegan Leather Tote 

August 10, 2022
Finally, a 100 Percent Vegan Grocery Store Big Enough to Rival Whole Foods

Finally, a 100 Percent Vegan Grocery Store Big Enough to Rival Whole Foods

August 10, 2022
KFC Vegan Food: The Ultimate Ordering Guide

KFC Vegan Food: The Ultimate Ordering Guide

August 10, 2022
Vegan Makāi No Chevdo (Indian Sweet Corn Dish)

Vegan Makāi No Chevdo (Indian Sweet Corn Dish)

August 10, 2022
Vegos

This is an online news portal that aims to share latest trendy News, Health, Food, Recipes and stuff like that. Feel free to get in touch with us!

Latest Updates

  • Why Beyoncé Swapped Her Birkin Bag with a Vegan Leather Tote  August 10, 2022
  • Finally, a 100 Percent Vegan Grocery Store Big Enough to Rival Whole Foods August 10, 2022
  • KFC Vegan Food: The Ultimate Ordering Guide August 10, 2022

Subscribe Now

© 2020 vegos.co.uk - All rights reserved!

No Result
View All Result
  • Home
  • About
  • News
  • Health
  • Food
  • Recipes

© 2020 vegos.co.uk - All rights reserved!

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In