Versuchen GOLD - Frei
Lunga Momoza: The most expensive intern in South Africa
Cape Times
|October 14, 2025
MOST people in tech start a career as interns and ultimately they become CEOs and if they start a business they also become tech founders.
-
It's rare for anyone to start as a founder and to later become an intern. This has been the case with Lunga Momoza, which makes him probably one of the most expensive interns in South Africa.
When I first met Momoza I was deeply impressed by how he had spotted an opportunity in assisting township traders to stock for goods.
His business story partly began in 2019 when Momoza enrolled at Stellenbosch University. Although he did not really know what studies to pursue when he came to the institution, he ended up enrolling for studies in philosophy, politics and economics.
Momoza grew up in a township environment and got exposed to local people who had to become entrepreneurs to survive. One of them was his aunt who was a street vendor. The entrepreneurship bug also got to him as a result while pursuing his studies he had a "side hustle". He was selling muffins to fellow students in the residences. Unfortunately Covid-19 killed his side hustle and he had to find other ways of pursuing his business inter-
ests. During this period he was struck by how small businesses (including his own) were affected by the pandemic.
To him the fact that street vendors, like his aunt, could not access Covid-19 relief due to the fact that they were not registered was very strange and it did not make sense.
Diese Geschichte stammt aus der October 14, 2025-Ausgabe von Cape Times.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Cape Times
Cape Times
Murder in the air and Christmas spirit at heart
AS THE festive season approaches, the anticipation for seasonal stories begins to mount.
1 mins
December 19, 2025
Cape Times
Russia, Africa stand to gain from closer ties
Russia is an old and trusted friend of Africa
5 mins
December 19, 2025
Cape Times
La Niña to bring rainy festive season across South Africa, warns SAWS
PARTLY cloudy and warm-to-cool conditions are expected across much of the country over Christmas and New Year.
2 mins
December 19, 2025
Cape Times
UKRAINE DELEGATION TO HOLD TALKS
PRESIDENT Volodymyr Zelenskiy said yesterday that Ukrainian and US delegations would hold new talks today and tomorrow in the US aiming to end the Russian invasion.
1 min
December 19, 2025
Cape Times
Attacked nurse fails in bid to claim R10 million from minister
THE Mpumalanga High Court has turned down a nurse's R10 million claim against the Minister of Health, saying it was filed too late
2 mins
December 19, 2025
Cape Times
Southern Africa’s poultry revolution strengthened by collective action
IN SOUTHERN Africa, the poultry sector holds enormous promise.
3 mins
December 19, 2025
Cape Times
Workers’ strike at DRDGOLD's ERGO operations suspended
DRDGOLD has announced that planned strike action at its Ergo Mining (ERGO) operations has been suspended, allowing operations to continue uninterrupted.
2 mins
December 19, 2025
Cape Times
WEF sketches four possible global economic futures shaped by geopolitics and technology
THE global economy could splinter, stagnate or rebound sharply by 2030 depending on how geopolitical tensions and the pace of technology adoption evolve, according to a new World Economic Forum (WEF) white paper released this month.
1 mins
December 19, 2025
Cape Times
MI Cape Town tackle the Stormers as Robbie P awaits the arrival of Nicky P ahead of SA20 opener
MI Cape Town coach Robin Peterson may give his Stormers counterpart John Dobson a ring about scrumhalf Imaad Khan’s availability for the Betway SA20 Season 4.
2 mins
December 19, 2025
Cape Times
Red meat industry outlines role in tackling FMD as government intensifies response
THE Red Meat Producers' Organisation (RPO) has highlighted the significant challenges faced by the livestock industry in 2025 due to the Foot and Mouth Disease (FMD) outbreak, while outlining the role organised agriculture has played in supporting affected producers.
3 mins
December 19, 2025
Listen
Translate
Change font size
