Impact SA

Small Business

Anglo American – Unpacking the numbers, unlocking potential

Kumba Iron Ore’s investment in supporting mining communities to procure products and services has increased by 75% to R2bn In an iron-clad commitment to supporting the small businesses operating within the communities in which it operates, Kumba Iron Ore (KIO) has grown its procurement targets by 75% from R 500m two years ago, to a […]

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Mpilenhle Recycling – From trash collector to thriving business

It all began with three eager young entrepreneurs from the Osizweni township in Newcastle, northern KwaZulu-Natal. Gcina Makhoba and partners started Mpilenhle Recycling with a borrowed bakkie and no employees. They had to be hands-on for real, overcoming many challenges, especially the stigma attached to this being such a “dirty job”. Gcina recalls an incident

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ABSA committed to a mindset change to meet the needs of SMEs

As an organisation, we have committed to a significant mindset change to meet the needs of SMEs. We want to nourish entrepreneurship and understand the plight of our customers, not only with regard to access to funding and markets, but also with respect to the business development support required to nurture these businesses from today’s

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GIBS ED Academy – ESD thrives with an impact driven, investment approach

When you take a township entrepreneur from nothing to something, that’s impact. When you help a business scale from three employees to 10, that’s impact. When you enable a company to successfully navigate the red tape around procurement, that’s impact. When your interventions result in notable pro-small business mindset shift within a large corporate, that’s

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Mervyn King – Integrated thinking and corporate citizenship

In the early years, equity capital had consequences because other stakeholders viewed the shareholders as the primary stakeholder. This was exacerbated by Milton Friedman’s doctrine in the 1970s that the sole purpose of the company was to make profit without deception. The consequence was that the 20th century was one of unsustainable development. By 1995

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Adam Boros – Impact investing is a growing industry with significant opportunities

For green Small and Growing Businesses (SGBs), access to finance is one of the key constraints in scaling innovative business models. Investors – even those with the intention and mandate to support smaller deals – consider these early stage businesses to be risky. The Green Outcomes Fund (GOF) is a first of its kind structure

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