Small Business Development & ESD Archives - Page 8 of 18

Will smart townships and informal settlements bridge the digital divide?

Community & Impact, ESD initiatives, Small Business Development & ESD, Thought Leadership / Chris Buchanan

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

Small Business Development & ESD, SME showcase / Chris Buchanan

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

ESD initiatives, Small Business Development & ESD / Chris Buchanan

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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Small Business Survival Toolkit Part-8: Restructure and retrenchments

Small Business Development & ESD, Thought Leadership / Chris Buchanan

In part 8 of the Small Business Survival Toolkit series, Lauren Spence, Industrial Relations Executive at LabourNet, unpacks the issue of restructuring and retrenchments post-Covid, and the rights of both employers and employees. As a LabourNet Industrial Relations Executive, Lauren’s focus is partnering with employers to ensure employment justice by implementing pro-active fair labour practices

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The 2022 edition of the ESD Handbook

ESD initiatives, Small Business Development & ESD / Chris Buchanan

Highly regarded as South Africa’s foremost authoritative resource featuring the latest projects, trends and developments in small business development. There is little doubt that entrepreneurship requires intentional support to be a major source of employment and driver of growth in our economy. Some of the common challenges experienced by these entrepreneurs are: access to markets;

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Small Business Survival Toolkit Part 7 – Ravi Pillay

Small Business Development & ESD, Thought Leadership / admin

In part seven of the Small Business Survival Toolkit series, Ravi Pillay, Ph.D. candidate at the Gordon Institute of Business Science focusing on Multi-stakeholder Partnerships linked to development and improving livelihoods, shares some insights on marketing in a post-Covid era. Compiled by Tarren Bolton In part 7 of the Small Business Survival Toolkit series, Ravi

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Family run butchery business ‘meats’ funding requirements for expansion

ESD initiatives, Small Business Development & ESD / admin

With successful butcheries already established in Thokoza and Katlehong, entrepreneur Dexter Letele, has secured a R5 000 000 loan to launch a third site, bringing Dexter’s Hyper Meat Market to the Vosloorus area of Natalspruit in Gauteng. The strong brand recognition and proven track record that Letele has achieved since first starting his business twenty years ago

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Interior construction & fitout company gets investment boost

Small Business Development & ESD, SME showcase / admin

The Vumela Fund, established by FNB Business and Edge Growth, has announced a new investment in TSK Interiors, one of South Africa’s leading black-owned commercial interior fitout and construction companies. The funding is expected to help unlock additional liquidity to allow TSK Interiors to capitalise on larger and more resource-intensive opportunities in the market, with

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Small Business Survival Toolkit Part-6: Innovation in Design Thinking

Small Business Development & ESD, Thought Leadership / admin

In part 6 of the Small Business Survival Toolkit series, Professor Manoj Chiba, Principal Consultant and Data Analysis Specialist at GIBS, offers insights on innovation in design thinking for small businesses. Compiled by Tarren Bolton Prof Manoj Chiba is a management professional and has held senior positions in different sectors. This experience has allowed him

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Young Mdantsane man taking big steps in insurance

Small Business Development & ESD, SME showcase / admin

Thirty-four-year-old Yanga Duma, a native of the Mdantsane township in East London, is no stranger to the insurance or financial services industry. His journey started when he joined Standard Bank’s Business Banking Division and served as a Business Banker and Manager. He also worked at Liberty Life before starting his own financial services business. Duma’s

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