South Africa has one of the world’s highest small business failure rates. Research from the University of the Western Cape shows 70% to 80% of SMMEs collapse within five years. They build quietly while owners watch revenue and assume all is well. The Small Business Growth Index (SGBI), a survey by Absa, SACCI and the […]
Financial red flags every business owner should know of Read More »
Sales are coming in. Customers are buying. You’re working long hours and chasing every opportunity you can find. Then a funding opportunity appears, or an investor starts asking questions and things suddenly get complicated. Across the enterprise and supplier development sector, there’s a common assumption: if a business is active, it must be ready to
Being Busy Isn’t the Same as Being Bankable Read More »
For many business owners, beneficial ownership remains a compliance box to tick when filing an annual return. But increasingly, getting it wrong, or simply failing to keep it current, can have consequences far beyond paperwork, says Janus Joubert of JBS Advisory & Accounting. Since 1 July 2024, the Companies and Intellectual Property Commission (CIPC) has
Beneficial ownership is becoming a business continuity risk Read More »
Centurion, South Africa – Across South Africa’s townships and rural communities, entrepreneurs are solving real-life problems every day. Sometimes an idea starts with frustration: a service that does not exist, a process that takes too long or a community need that continues to go unmet. At other times, it begins with opportunity – a student finding
Lane Mogashoa, Business Development Support -Enterprise Development, Absa Business Banking When Chantelle de Bruyn’s grandfather had to give up coffee for health reasons, she wondered whether she could create something that would still give him the experience of having a cup. She found a peculiar answer in butternut, although turning that idea into a product
For Women-Owned Businesses, the Funding Gap Is Only Half the Problem Read More »
By Ray-Ann Sedres, Head: Sanlam Foundation South Africa’s economy is buoyed by two dynamic forces: the innovative spirit of small businesses and the thriving tourism sector. Township entrepreneurs – running spaza shops, hawker stalls, and other SMMEs – are the lifeblood of local economies, injecting R900 billion into the economy. Yet, many struggle to access
National Parks Fuel Prosperity in SA’s Township Economy Read More »
Experts at the World Health Organisation have long asserted that the next pandemic is an epidemiological certainty, yet the global systems designed to protect populations remain questionable. For Ngaatendwe Murombedzi, Regional Advocacy, Policy, and Marketing Manager for the AIDS Healthcare Foundation (AHF), this reality has recently become urgent beyond measure. “It is both perplexing and inspiring
Health Equity Can’t Wait: Why Africa Needs a Binding Pandemic Deal Pronto Read More »
Small business development specialist, Edge Growth, believes that SMEs play a critical role in shaping the future, and that collaboration is key to creating shared value, maximising impact and cultivating an ecosystem for SME growth. With this in mind, Edge Growth reached out to the Responsible Finance Initiative and the Centre for Business Ethics at
The Northern Cape province has announced that over R105 billion in pledges have been made by investors in new and expanded mining, energy and agriculture projects in the Northern Cape, with an expected 19,800 new jobs to be created as a result. The investment accords were signed at the inaugural Northern Cape Investment and Jobs
Investors commit over R105 billion to Northern Cape economic development Read More »
Refiloe Rantekoa, the founder of Borotho Bakery Enterprise, has a story that truly exemplifies the entrepreneurial spirit and resilience needed to navigate South Africa’s challenging business landscape. Born in Lesotho and raised in Soweto, Refiloe’s journey into business was shaped by his upbringing in both urban and rural environments, learning the value of hard work
From Bedroom Bakery to Award-Winning Business: The journey of Borotho Bakery Enterprise Read More »
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