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  • Business
    South Africa’s latest fuel price increase is placing severe pressure on small and medium enterprises

    R3 fuel levy slash fails to ease SME and farmer struggles

    Businesses in the culinary sector are set to benefit from Tshwane's hosting of Gastronomy Africa.

    SMEs set to benefit as Gastronomy Africa bid lands in Tshwane

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    Festive spending shows double digit growth in cashless payments

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Photo: Supplied

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    Foot-and-mouth curbs push small-scale farmers to the brink

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  • Tourism
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    The Khi Solar One energy plant in Northern Cape. Photo. Franz Reinisch

    Solar and wind projects drive economic growth beyond the city

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    Small businesses say access to equipment funding remains one of the biggest barriers to growth.

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    When government payments run late, small businesses can really feel the pinch on their cash flow.

    How SMEs can beat violation of 30 day payment policy

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    Township property owners make good business from student rentals

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Cape Town entrepreneurs incentivise recycling

by Moipone Malefane
September 7, 2023
in Business
Reading Time: 2 mins read
A A
social entrepreneurs Chad Robertson and Nkazimlo Miti

social entrepreneurs Chad Robertson and Nkazimlo Miti

By: Keletso Mkhwanazi

For social entrepreneurs Chad Robertson and Nkazimlo Miti, the essence of their recycling initiative is advancing civilisation. The pair started Regenize in Cape Town. It rewards families for recycling with a digital currency known as Remali, which can be used to buy airtime and food. At the same time, it works with waste pickers and provides them with uniforms, recycling tricycles and smartphones which connects them to residents who separate their recyclables.

According to Robertson, Regenize offers its services in several neighbourhoods near Cape Town, including more than 22,000 households. It collaborates with 40 waste pickers and recently hired 10 employees. “… we make slightly over R212,000 in revenue annually. In the next year or two, Regenize intends to expand its clientele and service reach more Cape Town neighbourhoods and cities,” he told Vutivi News.

According to Miti, their motivation for innovation was aimed at pushing the boundaries of what was achievable. “Like many of you, we think we can change the world. That is why we established Regenize, a recycling collection business focused on innovation and sustainability. while also aiming to have a positive social impact,” he said. “Our goal is to encourage recycling in Africa, thus we offer rewards for doing so. With our Regenize education courses, we also educate our young, so we don’t just reward recycling.”

The services include collecting rubbish, converting garbage and educating people about the benefits of recycling. In 2019, the company was one of the top winners at the SAB Foundation Social Innovation Awards.”With the  award grant, Regenize expanded its services to more communities, offering recycling services to additional households in Cape Town and improving working conditions for their waste pickers,” he said, adding that the funds had also enabled them to hire a full team to help with the management of the business.

Robertson said they had attracted a lot of interest after receiving the reward. “People want to franchise our model and enter into partnerships, however, we feel like it is still too early to agree to anything right now, but it is something we can look into in the future,” he said.

Tags: Chad RobertsonNkazimlo MitiRegenize
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