ENTREPRENEURS: Meet Zakhe Khuzwayo and DJ Kumbula, founders of the ‘Avis of IT equipment’
A technology leasing firm, the brainchild of two young entrepreneurs, now employs 200 people and has a turnover in excess of R150m
Sixteen years ago, two chartered accountants saw the gap to start a specialist IT leasing company. There were no dedicated technology rental companies in SA at the time, and Zakhe Khuzwayo and DJ Kumbula started InnoVent with a desk and a phone. The business now has annual revenue in excess of R150m and has shown 25% annual growth over the past five years.
"We’re the Avis of IT equipment," says Khuzwayo of the business the two started after leaving work at a company that leased everything from construction equipment to vehicles and movable items. They wanted to start their own business, looked at a few options and identified this gap...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.