WHILE some large auditing firms suffered crippling reputational damages through their links to state capture, a young entrepreneur, Lyle Malander, 33, is making inroads in the field. He is on a mission to eradicate youth unemployment and create jobs through his firm, Malander Group - established in 2015, and boasts 90 Chartered Accountants , based in their Sandton and London, offices.
Building the business that currently sits on revenues of over R40 million has been a labour of love for Malander, who counts President Cyril Ramaphosa and Patrice Motsepe among his influences.“The barriers to entry are big when it comes to dealing with well-established clients. You need good relationships and also know people in the right places and get your foot in the door from a business perspective, in order to deliver a service.
“We all have the ability to become entrepreneurs because it is not only a job but a lifestyle too - something you can do all day. Financial education is also key in assisting entrepreneurs on how to run their businesses.” With corruption rife in both the public and private sector, Malander feels that ethics and professional codes of conduct need to be applied in order to eradicate corruption and create more job opportunities.
Lyle Malander is based in JHB, not London. He has offices in London, yes, but he is very much locally based. How about some fact checking before publishing?