01 November 2017 Volume :5 Issue :58

UKZN Graduates Form Business Consulting Company Dolsden Oracle

UKZN Graduates Form Business Consulting Company Dolsden Oracle
Mr Luyanda Ngundze, Mr Sakhile Dlamini and Ms Fezile Skhakhane.

A group of graduates in UKZN’s School of Management, IT and Governance has formed a business consulting company called Dolsden Oracle.

A spokesperson for the firm, Mr Doctor Sangweni, said they would provide services in the fields of Financial Education, small, medium and micro-enterprises support and Research and Development.

‘Financial literacy needs to be understood in a plethora of ways,’ said Sangweni. From a business consultancy perspective, this can be short term issues such as the correct financial statements, which can be a significant hurdle when dealing with compliance requirements. Critical requirements that can affect the longevity of the business, be it a commercial or non-commercial enterprise.

Financial literacy can also be critically applied in terms of assessing and making investment decisions. The culture of savings and investments is yet to be instilled within the youth, and the community at large. Lifestyles of instant gratification have created a fictitious and unrealistic approach to the accumulation of wealth.

Dolsden Oracle is in a position to break social norms, and challenge people to act now, for the future one desires. Formed by postgraduate students in the commerce faculty, their aim was to curve the ball from seeking employment to using their acquired knowledge as a job creation key. ‘We are not perfect', said Mr Sakhile Dlamini, 'we all come from poor backgrounds but against all odds we have reason to form a team which is here to stay.’ Dolsden was launched on 18 October and to both students and the corporate sector on 20 October.

Mr Faadhil Hoosen of Standard Bank attending the launch stated this is exactly what the country needed, a group of graduates tackling the issues the country has been battling to conquer in our 23 years of democracy without running to the usual route of job seeking but rather job creation.

Telephone:031 826 6576, Facebook: Dolsden Oracle Web: dolsdenoracle.com

Words: Lloyd Ngundze

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