Since its inception in 2013, the Sanlam Group Enterprise and Supplier Development (ESD) programme has helped 267 South African SMEs and financial planning businesses grow their revenue by 21%, on average, and create 391 sustainable new jobs. In total, its supported almost 2 500 jobs. Despite the difficulties of Covid-19, the 2020/21 programme saw 35 […]
BUILDING UP OUR BACKBONE IN TOUGH TIMES Read More »
Corporate South Africa provides vital information regarding rate of transformation and job creation. Established small business development specialists, Edge Growth is preparing to announce the findings of their annual research into the state of ESD and SME Development on Friday 3 September 2021. These findings will provide vital information from corporate South Africa as to
THE CURRENT STATE AND FUTURE OF THE ESD INDUSTRY Read More »
Boost for local champion bringing innovative, local and trusted battery storage solutions for African energy needs. I-G3N, the only black empowered female-owned SME to successfully develop lithium-ion batteries specifically for the African continent, has successfully raised R 20 million from Edge Growth and the ASISA ESD initiative. Recognising I-G3N’s capability in designing developing and manufacturing
HOMEGROWN BATTERY MANUFACTURER SECURES R20 MILLION INVESTMENT Read More »
The pandemic has been challenging for everyone, not least Thlompo Seretlo, a young entrepreneur and farmer in Limpopo. He turned to Enel Green Power for help and they came up with an innovative solar energy solution. As the Covid-19 pandemic continues to plague the livelihoods of local workforces, Enel Green Power (EGP) is actively promoting the UN’s
The Vumela Fund, established by FNB Business and Edge Growth, has announced a new partnership with Rand Pharmaceutical Distributors that will see the expansion and growth of this innovative 100% black-owned and managed company that services independent pharmacies, private practices and small clinics. “Vumela sees an opportunity to support an acquisition that will boost capacity
Rand Pharmaceuticals on the path to rapid growth Read More »
The Vumela Fund, established by FNB Business and Edge Growth, has announced a new investment in Kombo King (Pty) Ltd, a proudly South African kitchen equipment supplier focusing on the fried food niche market. Co-founder and Chairman KK Combi says: “On a trip to Beijing, I realised the importance of speed to service customers on
This innovative enterprise development initiative addresses the inequality which exists between private and public healthcare services in our country… The aim of this clinic network is to eventually have 1 000 clinics around the country. Bayer Pharmaceuticals has partnered with Unjani Clinics, a network of black women-owned and operated primary healthcare clinics that provide accessible,
Credit-focused fintech helps drive better business decisions The Vumela Fund, established by FNB Business and Edge Growth, is excited to announce an equity investment into Inoxico, enabling the company to continue establishing itself as a recognised commercial credit risk technology provider. The importance of trade credit Inoxico is a tech company that uses trade credit
Inoxico enables sustainable business growth Read More »
By Jameel Khan: Head of Projects at SAICA ED As we all know, COVID 19 has had a devastating effect on the world economy. Although markets have recovered quite well since 2020, small businesses in South Africa and around the world have arguably been the worst hit. A recent survey from FinFind, in partnership with
What can Small Business learn from Covid-19 in South Africa? Read More »
The rapid growth of venture development organisations, both locally and across the globe, is a welcome addition to the entrepreneurial landscape. This worldwide trend – especially with regards to those based at academic institutions – has massive potential to contribute to the development and growth of South Africa’s entrepreneurial and small business ecosystem.
Venture support organisations: Lighting a path for entrepreneurship in South Africa Read More »
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