Tag Archives | SMEs

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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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