Tag Archives | South Africa’s SMEs

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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Afrique-du-Sud

South Africa’s economic troubles continue to affect SMEs confidence levels

South Africa’s economy is in deep trouble. The signs of a falling giant are all over for everyone to see that nothing lasts forever. These challenges have severely affected the confidence levels of local small and medium enterprise (SME) owners. A fourth quarter 2014 Business Partners Limited SME Index (BPLSI), which measures attitudes and confidence […]

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Relief as South Africa launches Small Business Ministry

Relief as South Africa launches Small Business Ministry

Experts have finally been relieved after the South African government announced on Sunday that a new ministry for small business development has been established. The new ministry will be headed by Lindiwe Zulu. Reacting to the announcement, Nazeem Martin, MD of Business Partners Limited, said this week that it was encouraging that government has acknowledged […]

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 Labour strikes, govt bureaucracy and struggling education affecting South Africa’s SMEs

Labour strikes, govt bureaucracy and struggling education affecting South Africa’s SMEs

Labour strikes, a struggling education system and government bureaucracy – three factors already affecting South Africa’s global competitiveness – are also having a negative impact on the country’s small and medium enterprises (SMEs), one expert said this week. According to Business Partners Limited CEO Nazeem Martin, these factors are affecting the growth of small business […]

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