Tag Archives | SMEs

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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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South Africa’s ABSA Bank, China Development Bank sign US$100m deal to help SMEs

ABSA, one of South Africa’s largest banks, has this week signed a deal worth US$100 million with China Development Bank (CDB), a Special Facility Agreement meant to provide funding to Small and Medium Enterprises (SMEs) operating on the continent. Johannesburg-based ABSA is a subsidiary of the Barclays Africa Group Limited (BAGL). Barclays Africa is present […]

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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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