Expenditure on economic development will increase at an average annual rate of 8.5% over the next few years, from R201-billion in 2021/22 to R256-billion in 2024/25, the National Treasury revealed in its Budget 2022 document published on February 23. This function in government’s capital allocation promotes faster and sustained inclusive economic growth to address unemployment, […]
Property Point, the leading business accelerator in South Africa, called on Finance Minister Enoch Godongwana to throw his weight behind small businesses by allocating sufficient resources to the office of the Presidency and the Department of Small Business Development. This call comes on the heels of President Cyril Ramaphosa’s State of the Nation Address, in
Property Point urges Finance Minister to bolster failing SME strategy Read More »
Shared value is a concept sometimes summarized as when profit meets purpose, or more academically in a 2011 issue of the Harvard Business Review as ‘policies and operating practices that enhance the competitiveness of a company while simultaneously advancing the economic and social conditions in the communities in which it operates’. But what does this
Fundamentally good businesses in 2022 and intentionality when it comes to shared value Read More »
The recent unrest and the humanitarian crisis arising from it have highlighted not only the inequality and anger pervading our society, but also the resilience of communities across the country that are working together to rebuild and bring about change at a local level. Community based organisations (CBOs) play a critical role in this landscape.
The impact of social investment in community-based organisations Read More »
It’s hard to believe that nearly two years have passed since we were significantly impacted by the COVID-19 pandemic. Despite the many challenges that the pandemic has sown at a personal and economic level, there is so much to be grateful for and to celebrate about this beautiful country. The economic downturn and its devastating
GIBS EDA Creating Shared Value as Editorial Advisors of The ESD Handbook 2021 Read More »
By Lusapho Njenge, Exxaro Resources Manager for Enterprise and Supplier Development, and Armel Ciamala, Tysys Capital Group Manager for SMME Development and Financing There is no doubt that small businesses are the backbone of the economy. They make up a majority of the country’s businesses yet face a number of challenges that prevent them from
The secret to a successful ESD programme: Holistic support Read More »
Inclusive procurement and enterprise and supplier development at Impala Platinum Holdings Limited Impala Platinum Holdings Limited (Implats) is one of the world’s foremost producers of platinum and associated platinum group metals (PGMs). Core to the group’s ethos is its belief that preferential procurement and investment in enterprise and supplier development (ESD) provide important opportunities for
Promoting social and economic transformation in South Africa Read More »
Scenarios are important instruments that establish consequences of different paths countries may traverse. Scenarios are good for mobilising a country towards a socially desirable end. Public mobilisation is the essence of politics and when mobilisation is driven by science based quantified foresighted outcomes, political choices become rational choices, rather than beerhall noises. Scenarios matter everywhere.
The Public Investment Corporation SOC Ltd (PIC) is passionate about contributing to the community in which it operates. Improving the lives of people across the board is at the heart of the PIC’s value system. The PIC has a bursary programme that identifies previously disadvantaged learners from designated groups with academic potential who want to
Entrepreneurship continues to empower people to sustain their livelihoods. However, womenentrepreneurs still require investment to transform their livelihoods and to ensure strengthenedgender equality across the agricultural value chain. From farm to fork, women’s empowerment isessential and the transformation of the agricultural sector as a gender-inclusive space is a criticalplace to start. The context within which
Get notified about new articles
