Impact SA

Small Business Development & ESD

Africa Month: Unlocking Opportunities for African Businesses

Africa Month is a time to celebrate and recognise the achievements and contributions of the African continent. One area where Africa has tremendous potential is in business and entrepreneurship. However, many African businesses face challenges accessing the capital they need to grow and expand. Debt financing can be a powerful tool for African businesses looking […]

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Pizza Hut gives young women a slice of the pie

Pizza Hut has partnered with the Youth Employment Service (YES) to launch LeadHERship, an initiative to address youth unemployment and gender inequality in South Africa. The program targets women aged between 18 and 24, where almost two-thirds of individuals in this age group are not economically active, with over 70% female. LeadHERship provides these women

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Agriculture career spotlight

Bayer supports Agricareers roadshow to showcase career opportunities in agriculture. While the official unemployment rate has eased marginally to 32.7%, South Africa’s unemployment rate is still one of the worst in the world, with 7.8 million people unemployed. Even more concerning is the country’s youth unemployment. Accounting for over half of SA’s employable population, this

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Why corporate SA must woo women leaders

In the post-pandemic world, companies are losing female leaders at unprecedented rates as women take up better job opportunities or search for work-life balance. By The Gordon Institute of Business Science Female CEOs are still so rare that they make headlines when one resigns. In February 2023, Natascha Viljoen announced she was leaving her position

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Will smart townships and informal settlements bridge the digital divide?

South Africa’s failing infrastructure and local service delivery has been well-documented in recent years. Failing infrastructure has an outsize impact on township and rural communities with the growing digital divide in townships fuelling inequality.  Townships were never designed to become major economic drivers, with the result that today they are characterised by high rates of

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Exit and expansion for passionate KZN-based recycling start up

A 100% black-owned recycling business in Newcastle has become another example of how growth support initiatives are integral to drive entrepreneurs to the next level of growth and scalability. The business was started in 2009 by three young entrepreneurs from Osizweni township in Newscastle, KwaZulu Natal. With a borrowed bakkie and no employees, these three

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FNB commits R200 million for SME development with launch of Vumela 4

Significant and growing unemployment and poverty are risks to the sustainability of South Africa. A growing and sustainable SME sector does a great deal to contribute to the alleviation of these factors. Image: Richard Rose, CEO of the Fund Management division for Edge Growth To further assist this sector, FNB this week announced a R200

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