Milpark hosts its first annual Business Seminar

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Milpark hosts its first annual Business Seminar


Milpark Education has taken a bold stance in teaching its students about entrepreneurship and further exposing them to a wider network of the South African business landscape by hosting its first-ever Business Seminar at its Melville campus in Johannesburg.

The seminar, organised by the institution’s School of Commerce, will be held on Friday 16 March and aims to create a platform for emerging and established entrepreneurs to share ideas and knowledge related to business modelling, growth and expansion. It will also allow entrepreneurs to showcase their businesses, thereby bolstering their existing networks.

The speaker line-up includes McKevin Ayaba, CEO of the Global Startup Awards; Mpumelelo Zulu, founder of Soweto-based coffee brewery Café’Naited; Tebello Mokoena, Services SETA’s Chamber Manager; Silars Hlungwani, founder of Chivalry Designs; Dr. Sam Koma, head of department for Research at Milpark Education; Dr. Cobus Oosthuizen, Dean of Milpark Business School and Philasande Sokhela, Milpark’s entrepreneurship lecturer.

South Africa’s unemployment stands at 26.7%, with young people being the worst affected by joblessness. At the centre of the national agenda in 2018 is the creation of jobs, especially for the youth. Dr Sam Koma says, “The Seminar would enable students to have an opportunity to gain practical knowledge on the dynamics and prospects of managing entrepreneurship and the calculated risks that are taken by entrepreneurs in the real business world.” 

Dr Koma says the focus of the seminar is on the township economy. “This is the first time we are embarking on this event borne out of [sic] the realities facing entrepreneurs operating in the township economy. We, therefore, intend to unpack the concept of township economy and further examine the obstacles and challenges facing entrepreneurs in this economic sector,” he explains.

He says that Milpark is going to implement a number of measures to address the unemployment challenge. One of the initiatives will be to convene a jobs summit within the next few months to align the efforts of every sector and every stakeholder behind the imperative of job creation. “We have planned a series of events this year, including the hosting of an Entrepreneurship Week to build on the success of the Breakfast Seminar. The Entrepreneurship Week would cater for academic papers by leading experts in this field as well as established entrepreneurs who would come and share their experiences and connect our students to the world of business.”

Dr Koma adds that the introduction of entrepreneurial studies has had a positive impact onstudents. “Our experience shows that enforcing entrepreneurship education in the classroom enables students to take initiative and risks in setting up their own businesses. We have also experienced this through the type of businesses our students have established, including but not limited to internet cafes, serving as florists and running their own motor spares [sic].”

28 Feb 2018