Start-up Locomute, being launched on 1 June, is looking to turn the local car rental industry on its head by offering short-term use of vehicles for as little as an hour at a time. Underpinned by technology, Locomute is billed by its founders
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Muhammed Yunus, a 2006 Nobel Peace Prize winner and founder of Grameen Bank, sparked a movement with the simple question: “If you are a socially conscious person, why don’t you run your business in a way that will help achieve social objectives?” Today’s young tech entrepreneurs have inherited Yunus’s vision