Entrepreneurship Zone: 25 March 2021: Mzoli’s owner focused on township economic development

Thu Mar 25 09:51:00 CAT 2021

 <https://bullszimbabwe.com/> 

 <http://www.bullszimbabwe.com/> Bullszimbabwe.com        <mailto:info at bulls.co.zw?subject=View%20and%20Comments> Views & Comments        <http://www.bulls.co.zw/blog> Bullish Thoughts        <http://www.twitter.com/BullsBears2010> Twitter         <https://www.facebook.com/BullsBearsZimbabwe> Facebook           <http://www.linkedin.com/pub/bulls-n-bears-zimbabwe/57/577/72> LinkedIn          <https://chat.whatsapp.com/CF6wllAfScU9Wr6dXxoQnO> WhatsApp         <mailto:info at bulls.co.zw?subject=Unsubscribe> Unsubscribe

Entrepreneurship Zone: 25 March 2021: Mzoli’s owner focused on township economic development

 <https://www.firstmutual.co.zw/> 

“This is a place I will always visit, it isn’t glamorous or stylish, but it is real and to visit Cape Town and miss somewhere like Mzoli’s is to miss the point of visiting South Africa.” This is how one TripAdvisor reviewer describes popular Cape Town township butchery restaurant Mzoli’s.

Launched in 2003, Mzoli’s has become a vibrant hangout for everyone from politicians and business people to students and tourists. Patrons pick their own cuts of meat, which is then cooked over a braai (an Afrikaans word for barbecue).

Mzoli’s is famous for attracting white people and tourists to Gugulethu, a township located 15 kilometres from Cape Town’s city centre and an area that would not normally have been on their radar. More than 15 years after the end of apartheid, many South Africans still live divided.

“We saw a huge opportunity and a gap in the market,” says owner Mzoli Ngcawuzele. “Our main mission was to bring together people from all walks of life. People of all colour must get together over a piece of meat.”

When first starting out, Ngcawuzele followed a top-down approach by inviting professionals in the property and banking industries to Mzoli’s.

Celebrity chef Jamie Oliver wrote a glowing review of Mzoli’s after visiting the restaurant: “With our plates in hand we came out of the back of Mzoli’s and sat down with everyone else. The meat was beautifully cooked. The simplicity of the rubs and spices they’d used, along with the aromas from the wood, gave it such incredible flavour. The tunes were kicking off in the background and there was some good bass pumping. I just loved it. I felt my age and didn’t feel at all uptight or like I was trying to fit into anyone else’s situation. Bizarrely, I felt at home. Everyone was just happy to be gnawing on bits of meat, dipping into their chilli sauce and sipping beers on a Saturday.”

Ngcawuzele is currently looking at expanding the concept countrywide through a franchise model. “We have already acquired a number of sites across the country to make sure that this entity becomes a force to be reckoned with in the marketplace.”

Over weekends Mzoli's is bustling with people from all walks of life.

Besides running Mzoli’s, Ngcawuzele is also a major player in the property industry. He is one of the main developers behind the 23,000 m2 Gugulethu Square shopping mall, said to be the single biggest investment in the township’s history.

Mzoli Properties, Ngcawuzele’s property business, has a specific focus on projects in South Africa’s underdeveloped communities. “I understand black emerging markets,” he notes. He also continues to live in Gugulethu, despite having the means to live in one of Cape Town’s more comfortable suburbs.

Ngcawuzele says he will continue to focus exclusively on his property and meat businesses. “You cannot be everywhere. I am a very focused person. If I do something, I must do it properly.”

He preaches austerity in tough economic times. “[When] things are tight, you have to tighten up the belt. All the luxuries that you are used to, you have to put it aside. If you have to eat dry bread, let that be. This time is going to pass, then you can go back to your luxurious stuff. If you are used to driving a Merc . . . then you get a Toyota.”

And his advice to other entrepreneurs? “My advice is very simple. You must love what you do. You must be honest. Everything that you give out to your customers, it has got to be of quality. Those are the disciplines one has to follow. There are no shortcuts. And get out there and give people what they deserve.”-Howwemadeitinafrica

Mzoli Ngcawuzele

Invest Wisely!

Bulls n Bears 

Cellphone:      <tel:%2B263%2077%20344%201674> +263 77 344 1674

rAlt. Email:       <mailto:info at bulls.co.zw> info at bulls.co.zw  

Website:         <http://www.bullszimbabwe.com> www.bullszimbabwe.com 

Blog:            <https://bullszimbabwe.com/category/blogs/bullish-thoughts/> www.bullszimbabwe.com/blog

Twitter:         @bullsbears2010

LinkedIn:       Bulls n Bears Zimbabwe

Facebook:      <http://www.google.com/url?q=http%3A%2F%2Fwww.facebook.com%2FBullsBearsZimbabwe&sa=D&sntz=1&usg=AFQjCNGhb_A5rp4biV1dGHbgiAhUxQqBXA> www.facebook.com/BullsBearsZimbabwe

Skype:         Bulls.Bears 

DISCLAIMER: This report has been prepared by Bulls ‘n Bears, a division of Faith Capital (Pvt) Ltd for general information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities. The information contained in this report has been compiled from sources believed to be reliable, but no representation or warranty is made or guarantee given as to its accuracy or completeness. All opinions expressed and recommendations made are subject to change without notice. Securities or financial instruments mentioned herein may not be suitable for all investors. Securities of emerging and mid-size growth companies typically involve a higher degree of risk and more volatility than the securities of more established companies. Neither Faith Capital nor any other member of Bulls ‘n Bears nor any other person, accepts any liability whatsoever for any loss howsoever arising from any use of this report or its contents or otherwise arising in connection therewith. Recipients of this report shall be solely responsible for making their own independent investigation into the business, financial condition and future prospects of any companies referred to in this report. Other  Indices quoted herein are for guideline purposes only and sourced from third parties.

(c) 2021 Web: <http://www.bullszimbabwe.com>  www.bullszimbabwe.com Email:  <mailto:info at bulls.co.zw> info at bulls.co.zw Tel: +263 4 2927658 Cell: +263 77 344 1674

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210325/723f606d/attachment-0001.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.png
Type: image/png
Size: 9458 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210325/723f606d/attachment-0002.png>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image005.png
Type: image/png
Size: 34378 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210325/723f606d/attachment-0003.png>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: oledata.mso
Type: application/octet-stream
Size: 65574 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210325/723f606d/attachment-0001.obj>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image002.jpg
Type: image/jpeg
Size: 172649 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210325/723f606d/attachment-0003.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image003.jpg
Type: image/jpeg
Size: 61880 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210325/723f606d/attachment-0004.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image004.jpg
Type: image/jpeg
Size: 16197 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210325/723f606d/attachment-0005.jpg>