Archive | SMEs

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South Africa’s small businesses’ critical role in the 4th Industrial Revolution

South Africa’s small businesses are expected to play a critical role in the fourth industrial revolution, while access to information will revolutionise education, according to a panel discussion held in Johannesburg last week. The discussion, hosted jointly by Siemens and CNBC Africa, explored the effects industry 4.0 would have on the country. Delegates from business […]

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How to protect your small business against cyber-crime

Entrepreneurs need to be educated on how to protect their business from cyber-crime, but this means very little if their staff are not equally as careful, Jeremy Lang, Business Partner Limited regional general manager, said. “Every cyber-attack begins with a weakness in human behaviour within an organisation,” he added. South Africa-based Lang urged SMEs owners […]

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Small businesses’ new skills to remain competitive

Small and medium enterprises (SMEs) need to look beyond their own balance sheets if they are to survive in an increasingly difficult market, an industry analyst said this week. Shannon Smith, partner at Mazars Durban (South Africa), said SMEs needed to access and analyse increasingly complex information about their businesses in order to remain competitive […]

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How to become your own big ‘investor’

‘Investing’ is a concept that is often misunderstood as requiring extensive financial and industry knowledge coupled with years of experience. This for many is seen as a major stumbling block as opposed to an opportunity to learn the ‘art of investing’. This statement emanates from South Africa’s First National Bank (FNB), one of the country’s […]

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South Africa’s 2017 Best Entrepreneurs of the Year announced

Willem van der Merwe, owner of Africa Biomass Company (ABC), has been crowned the 2017 Entrepreneur of the Year in South Africa, the continent’s biggest economic powerhouse. “Through the establishment of ABC, which specialises in land clearing, wood chipping and wood recycling, van der Merwe has not only created a successful business by clearing landowners […]

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