Author Archive | Issa Sikiti da Silva

Business-Owner

Is investing in your business a form of saving?

Entrepreneurs should view investing in a business as a form of saving, a South Africa-based expert said this week. “As entrepreneurs we constantly battle with the dilemma of trying to save money versus investing it back into our businesses,” Charles Meyerowitz, co-founder and CEO of specialty asset backed financier Lamna, said. “It’s important that SMEs […]

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South Sudan blocks access to independent websites

(Deutsche Welle) Internet and mobile phone users in South Sudan are not able to access the websites of at least four independent media outlets. The government has grown increasingly hostile to the media since civil war began in 2013. The government is said to have blocked access to the websites of Dutch-backed Radio Tamazuj, as […]

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General Electric, partners at forefront of Africa’s electricity innovative technolgies

General Electric (GE) has been partnering with stakeholders to deploy innovative technologies to respond to the energy’s needs of the region. This has emerged at the PowerGen and DistribuTech electricity conference currently taking place in Johannesburg, South Africa. “Distributed generation, smarter and cleaner steam power, renewables, smart grids, storage, prosumers, innovative financing, evolving energy policies […]

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Entrepreneurship: should I get a partner or not?

Entrepreneurial endeavour will be a collective effort from idea to execution, resulting in a business being built around a partnership of complete equal ownership and responsibility, a South Africa-based expert said this week. More commonly, however, an idea will sprout from a single individual who, upon cultivating the concept and embarking on their entrepreneurial journey, […]

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atm

Rural South Africa gets new ATMs

Some rural areas of South Africa have been provided with non-cash dispensing Automatic Teller Machines (ATMs) with deposit capability to help them access banking services. First National Bank (FNB), which has recently launched the initiative for the first time in the country, said the roll-out of the new generation of ATMs sought to improve access […]

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Newly-rated Retail Capital raises R200 million to help struggling businesses

Retail Capital, which provides working capital to businesses, is said to have raised around R200 million to date through institutions such as Futuregrowth, Ashburton and Gen-X Credit Opportunities Fund. The company, which has recently been awarded the BB(ZA) rating, said being a rated financial institution would allow it to access new pools of capital at […]

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South Africa’s Entrepreneur of the Year competition 2017 seeks entrants

South Africa’s small and medium business owners wishing to enter the 2017 edition of the Entrepreneur of the Year competition should visit www.eoy.co.za for more information or send their to [email protected], the organisers said this week. Entries close on 31 May 2017. The competition offers winning entrants prizes valued at over R2 million, with cash […]

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Retiring? Avoid the following 5 money mistakes

Retirement planning is an ongoing process which requires one to make wise investment decisions. “Retirees must have a clear strategy regarding how their retirement funds will be invested to sustain themselves through the years beyond retirement,” Preenay Sathu, channel head at South Africa’s First National Bank (FNB)’s financial advisory, said this week. Though individual circumstances […]

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