Author: Nelisiwe Masango
Nelisiwe Masango – Financial Markets Analyst, CEO of Ubuntu Invest and one of Entrepreneur Magazine’s Top 50 Black African Women Entrepreneurs to Watch – discusses the ever-present gender and racial wealth gap in the 21st century. Nelisiwe believes that society has the power to make a difference by investing in small businesses that empower others, and by encouraging children to accept and embrace each other’s differences. “We cannot escape the fact that South Africa is a highly racialised and gender biased society. According to Stats SA, the average female worker earns 30% less than a male counterpart for doing the…
Nelisiwe Masango – Financial Markets Analyst, CEO of Ubuntu Invest and one of Entrepreneur Magazine’s Top 50 Black African Women Entrepreneurs to Watch – speaks about the true meaning of Ubuntu and the Spirit of Wealth. Nelisiwe believes that with resourcefulness, determination and entrepreneurial spirit, financial hardship can be overcome. “The Nguni term ‘Ubuntu’ means ‘humanity’. It is sometimes translated as ‘I am because we are’. And the reality is, one of humanity’s greatest driving forces is the desire for wealth, despite it being difficult to define. Modern life is under its spell. But working towards virtues such as trustworthiness,…
COVID-19 has changed how we live and work in ways that will alter our behaviour long after the pandemic subsides. There is an upside, however. New technology and the novel digitally savvy mindset that has emerged has created new opportunities for wealth creation, and even opened people’s eyes to older ones that may have existed in the background for quite a while. There has been a significant rise in retail investors (individuals who manage their own funds) since the beginning of the pandemic. With recent technological developments, financial markets are now more accessible than ever before. In fact, the market…