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
17 October 2019 - 05:00
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...
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now