Impact SA

Small Business

‘The Art of Scale’ to equip businesses with essential tools

Small business development specialist Edge Growth is proud to announce the launch of The Art of Scale, a book written by Edge Growth co-founder Jason Goldberg. This compelling, hands-on guide celebrates  the profound advances in South Africa’s and other African SME ecosystems over the last decade, as well as Africa’s contribution to thought leadership on […]

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The launch of a game-changer in South Africa’s payment landscape

In a country with a large underbanked community and millions of businesses still reliant on cash-only transactions, the launch of a groundbreaking association promises to contribute to an inclusive financial sector for all and progress the digitisation of payments in South Africa. The Association of South African Payment Providers, known as ASAPP, was officially launched

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Why SA’s SMEs struggle despite support initiatives

Small and medium enterprises (SMEs) form the backbone of South Africa’s economy, with approximately three million businesses employing millions of people. Yet, despite their critical role, the survival rate of SMEs remains a significant concern. Poovi Pillay – Executive Head Corporate CSI, Nedbank In fact, more than 50% of small businesses don’t make it past

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South Africa’s next generation of skilled artisans announced

Addressing the skills shortage, boosting economic and inclusive growth, reducing unemployment and aligning with South Africa’s National Development Plan (NDP) of producing 30 000 artisans annually by 2030. These are the objectives of the Sasol and Kagiso Trust National Skills Competition, with the national finals taking place last week in Johannesburg. This annual skills competition

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Fostering economic inclusion in South Africa through the creative arts economy

In 2022, the creative economy accounted for 6% of all jobs in South Africa and contributed 2.97% of the country’s GDP. Despite this contribution to the nation’s economy, the creative industries are often sidelined in trade and industry: in many cases, lack of funding, limited access to resources and inadequate infrastructure cause workers in the creative

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Entrepreneur turns agricultural waste into braai briquettes

What began as a ‘stop-gap income solution’ in Given Ngwamba’s garage in Mpumalanga, has blossomed into a flourishing business, making significant strides in the eco-friendly charcoal industry. The company, TNK Greenhouse Technology, now employs 17 people and sells its briquette products in major retailers, such as Pick ‘n Pay and Spar. Despite holding a Diploma

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MTN Foundation empowers women to conquer the ICT world

South African women are making their presence felt in South African business, but it still remains true that women remain underrepresented in the world of tech to develop and transform the industry, says the MTN Foundation, which has launched the 2024 edition of its R1 million Women in Digital Business Challenge. The event reinforces the

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Women as entrepreneurs

August is Women’s Month and Impact SA talks to influential women in key sectors of the South Africa economy. Women entrepreneurs are cornerstones of the South African economy and the township economy in particular. Developing entrepreneurship and small enterprises has to be made a priority for South Africa to successfully overcome the unemployment challenges, particularly

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