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Watch List: 20 SA Tech Entrepreneurs Making It Big In The Industry

App and tech entrepreneurs are solving challenges and needs around the world, South Africa is no different.

Nicole Crampton

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18. Ntuthuko Shezi

ntuthuko-shezi-livestock-wealth

Vital Stats:

  • Business: Livestock Wealth
  • Industry: Agritech
  • Business est: 2015
  • Website: Livestockwealth.com

Livestock Wealth is an innovative start-up that uses crowdfunding to invest in cattle. A single investor will invest in a portion of a calf, depending on how much they can invest. This opens up investments to lower income brackets within South Africa.

The investor makes a small monthly contribution, and when the calf investment matures, Livestock Wealth buys back the grown cow. Users will earn back roughly 12.4% on their investment.

In just over two years, 600 investors own 1 200 cattle between them, with the biggest investor owning 14 calves.

“We will take our model into neighbouring countries such as Botswana, Namibia and Zambia, and even go as far north as South Sudan,” says Shezi. “There are 200m cattle in Africa, so 13m is a very doable number for us.”

Related: Register A Company In South Africa

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Nicole Crampton is an online writer for Entrepreneur Magazine. She has studied a BA Journalism at Monash South Africa. Nicole has also completed several courses in writing and online marketing.

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