Archive | SMEs

6-Secrets-of-Super-Productive-Female-Entrepreneurs

Improve gender diversity to survive in uncertain times

Gender diversity is vital for business success in an environment of increasing uncertainty, a South Africa-based expert said this week. Kgomotso Ramoenyane, executive GM for Human Resources at Business Partners Limited said small and medium enterprises (SMEs) could benefit significantly from improving gender diversity in their companies because of the complementary skills, different perspectives and […]

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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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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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Retail-Capital-logos-03

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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JUNK

Junk status: South Africa’s SMEs in tight corner

The recent downgrade of South Africa’s sovereign credit rating to junk status by Standard and Poor’s (S&P) and Fitch means that lending and seeking loans will become more costly for both local consumers and businesses, as interest rates and costs rise to adapt to this new volatile economic environment, an expert warned last week. Local […]

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sandton-convention-centre

1 000 entrepreneurs from Africa, Middle East head to Johannesburg for Sage Summit Tour

The Sandton Convention Centre in Johannesburg has been earmarked to welcome more than 1 000 entrepreneurs from around Africa and the Middle East who will convene on 7-9 March 2017 for the Sage Summit Tour. The entrepreneurs will learn about new technologies, digital transformation and the future of work, the organisers said. The Sage Summit […]

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Africa ICT photos

Growth of Africa’s SMEs, jobs will depend on technology uptake

For Africa’s small and medium enterprises (SMEs) to succeed and exploit emerging opportunities that create jobs for the increasing youth population, governments – in 2017 and beyond – must adopt supportive policies, such as targeted tax incentives and updated laws, which realise practical capacity building and flexible regulatory frameworks to enable innovation. This is the […]

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