2UFoods aims to address poverty and empower disadvantaged communities by reviving the township economy and creating stores. This is a black owned retail group which caters for the low-income market at the same competitive levels to national retail chains in rural areas and townships.
The CEO of 2UFoods Retail, Zach Mogotsi said that they are dedicated to unlock the township economy and increase economic participation in previously disadvantaged communities.
“2UFoods is the brainchild of Kholofelo Sekepe Maponya and Ikosi Sipho Mahlangu, who saw the need to create a sustainable retail group that will address poverty and empower disadvantaged communities. Maponya who was literally born in a butchery, has been involved in the retail industry since the 70s. He was bornin what was then known as the Northern Transvaal,”
Mogotsi has indicated that Mahlangu has a deep connection with the core 2UFoods market in the rural areas.
“Through his direct involvement in assisting traditional leaders and chiefs responsible for 30 million South Africans, come up with solutions to the scourge of poverty and unemployment. This is through farming and related agricultural activities,”
2UFoods offers an opportunity to budding and aspiring entrepreneurs to become store owners. Each store owner will receive full stock, an Ikhaphela scooter and training ahead of opening for the owner and staff members. 2UFoods will deliver stock requirements to its network of over 1000 movable panel stores daily.
It also offers a disruptive e-commerce platform through the iKhaphela scooter pro-active delivery model. Through this model consumers and the elderly are able to get assistance in ordering their groceries which are then delivered straight to their door.
Mogotsi stated that the iKhaphela Youth Economic Development Initiative is what would be termed a “business-within-a business”.
“Store operators are encouraged to employ a local youth, trained by Youth accelerator Harambee, who understands the needs and nuances of the communities within which they live,”
According to Mogotsi the Initiative allows them to learn some of the core pillars of operating a business. The core pillars of this initiative are business development, time and priority management, financial management and continuous tweaking of the business to enhance efficiencies.
“We want to be the retailer of choice in rural and township communities by being physically present in underserved communities.”