Latest
In support of homegrown South African innovation, Telkom is a proud partner of the Global Entrepreneurship Congress (GEC+Africa) taking place from 13-14 March 2024 at the Cape Town International Convention Centre (CTICC). GEC+Africa, an initiative of Global Entrepreneurship Network (GEN), is a gathering of entrepreneurs and leaders from more than 50 African nations who are […]
...MultiChoice shortlists 11 start-ups to pitch for international funding and take their small businesses to the next level At a time when unemployment challenges and economic instability are high, small and medium-sized businesses (SMMEs) are proving to be the engines of economic growth and job creation throughout the African continent. In recognition of the critical […]
...By Alan Shannon, Nedbank Executive: Small Business Services and Private Clients The untapped potential of small, medium and microenterprises (SMMEs) in the country is astounding. However, the red tape placed on them is even more startling. In South Africa we wouldn’t stand for our national teams playing with their hands tied behind their back. We do, […]
...By Larisha Naidoo, Head of Anglo American Zimele South African corporates have been running enterprise supplier development (ESD) programmes for years, helping to create thousands of SMMEs, who have often thrived and become employers in their own right. However, we often overlook the accountability that these programmes ought to demonstrate to the communities we serve. […]
...The South African Reserve Bank hiked the repo rate by 50 bps this week after it was previously agreed at 25bps during the May policy meeting due to the declining rand exchange, and this means that consumers are in for a tough time. When the repo rate goes up, the lending rate goes up and […]
...By Hepsy Mkhungo, CEO and co-founder of Linkage Supply chain localisation could spell significant benefits for the South African economy, driving the development of Small, Medium and Micro Enterprises (SMMEs) – a sector that is central to the country’s economic recovery. Localisation essentially requires corporates to provide business opportunities, within the sphere of their own […]
...By Janine Espin, Managing Director at Economic Development Solutions In support of economic recovery and to boost youth employment, the government has proposed R5.2 billion in tax relief while the Department of Small Business Development has announced plans to support at least 15 000 youth-owned enterprises. Although the proof is still in the pudding, this […]
...South African Finance Minister Enoch Godongwana is scheduled to deliver his maiden budget speech on Wednesday, 23 February. The country’s SMME sector, which has been hard hit by the impact of COVID-19, load shedding, record high fuel prices, a lackluster economy and political unrest, will be hoping for announcements that highlight and support some of […]
...By Mpopi Khupe, Executive Director at Zevoli Growth Partners Enterprise Supplier Development (ESD) programmes are widely acknowledged as critical tools to levelling the playing field that benefit both Small, Medium and Micro Enterprises (SMMEs) and corporates, yet implementing them is often not that straight forward. ESD programmes do not always go according to plan due […]
...One Linkage, a women-owned technology company, is putting its weight behind efforts to help small South African businesses recover from the spate of unrest that affected parts of the country in recent days. A week of looting and rioting has seen the destruction of thousands of businesses in the Gauteng and KwaZulu-Natal provinces, with many […]
...