Zunaid Moti Spearheads Women’s Month Initiative to Empower Aspiring Female Entrepreneurs

South Africa's business landscape is set for an inspiring change as billionaire entrepreneur and philanthropist, Zunaid Moti, unveils a groundbreaking initiative to empower female entrepreneurs during Women’s Month. With a firm belief in the potential and power of women in business, Moti has introduced a series of support mechanisms through his online mentorship platform, MotiMoves.

Focused on creating fertile ground for female-led businesses, MotiMoves offers not just mentorship but also a tactile boost to start-ups by aspiring female entrepreneurs. The Women’s Day competition, launched across Moti’s social media, is the linchpin of this initiative, promising to back five female entrepreneurs with a starter fund of R10,000 each to breathe life into their dreams.

Breaking barriers and misconceptions surrounding the financial thresholds for entrepreneurship, Moti emphasizes that a modest sum, even as low as R10,000, can lay the cornerstone for a successful business. Demonstrating his dedication to this belief, he recently published an enlightening article revealing five innovative enterprise ideas that require minimal starting capital.

The competition, aligning with the sprit of Women’s Month, opens on 9 August and concludes on 31 August, with the winners to be disclosed on 2 September. To vie for the prize, aspirants must convey their motivations through engaging videos posted on social media using the hashtags #ZunaidMoti and #MotiMovesEmpowers.

Beyond the competition, Moti celebrates Women’s Month with an additional touch of generosity, distributing 100 x R500 vouchers randomly throughout the month. Women can participate by making a video explaining why they deserve a little extra self-indulgence and sharing it with the hashtags #ZunaidMoti and #MotiMovesCompetition.

Since its inception in 2023, MotiMoves has seen Zunaid Moti put forth a R30 million investment fund aimed at supporting promising startups and sponsoring talented individuals in the realms of creativity and sports. This unwavering commitment underscores Moti’s place not just as a maverick in business but as a catalyst for social and economic transformation in South Africa.