Impact SA

Small Business

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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Tiger Brands recruits unemployed youth and people with disabilities for township expansion

Tiger Brands will recruit unemployed youth and people living with a disability from local communities to support the company’s drive to increase its presence in South Africa’s informal sector, which includes spaza stores. In 2023, the company announced its route-to-market strategy aimed at increasing its presence in a targeted 130, 000 general trade stores, including

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Township entrepreneurs highlighted in new documentary

Documentary details how perseverance through many challenges and the fruits of hard labour yield success for Jabu Atchar founder, Jabu Malungane. A new documentary has been launched which chronicles the entrepreneurial journey of Jabu Malungane, founder of Jabu Atchar. The current unemployment rate in South Africa now sits at 32.9%, yet some analysts believe that

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Nedbank continues the green revolution with the launch of Indalo Fund

Nedbank has announced the launch of the R10-million Indalo Fund at the Indalo Inclusive Symposium at the Council for Scientific and Industrial Research. The Indalo Fund is designed to change the way entrepreneurs are funded, creating a pipeline of viable businesses that will be ready to attract high-ticket investment.  Poovi Pillay, executive head of corporate

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Risk is part of the formula for entrepreneurial success – so is the right financial advice

Tshego Bokaba, Group Corporate Social Investment Manager at Momentum Metropolitan Holdings, works with many entrepreneurs through programmes supported by the Momentum Metropolitan Foundation, and she underscored the importance of the right financial advice for entrepreneurs. Momentum Metropolitan Holdings Many South Africans become entrepreneurs simply because they have to, and it’s a nerve-wracking journey for most

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ProfitShare Partners disrupts market with innovative SME funding model

It is often mooted that growing South Africa’s economy is largely reliant on the success of small businesses. Yet a lack of access to operating capital from banks and limited business experience can be major obstacles to entering the formal economy. ProfitShare Partners has established an enviable track record in unlocking operating capital to SMEs

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