Impact SA

Enterprise and Supplier Development

There is nothing small about the impact small businesses have on our economy

South Africa has hundreds of thousands of small businesses and there’s nothing small about the impact these small businesses have on our country’s economy. Small businesses need the nation to mobilise behind them more than ever before. That’s the word from Mike Anderson, Founder & CEO of the National Small Business Chamber (NSBC). The role […]

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Samsung South Africa launches new Equity Equivalent Investment Programme initiatives

Samsung South Africa has announced its EEIP (Equity Equivalent Investment Programme) plans, aimed at empowering previously disadvantaged South Africans, with a focus on women and youth in the ICT sector. The programme initiatives are set to strengthen black economic empowerment through enterprise development, thus boosting economic growth and job creation. The programmes are formulated to

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Animation and gaming startup, Sea Monster Makes a Huge USD1m Splash

Animation and Gaming Company Sea Monster partners with Edge Growth and FirstRand’s Vumela Fund to unlock digital solutions Animation, gaming and AR/VR company Sea Monster today announced the conclusion of a USD1m investment from FirstRand’s Vumela Fund, managed by leading SME Venture Fund Manager Edge Growth, which will change the way corporates tackle training and

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Pioneers of sustainable enterprise and supplier development – An Anglo American Zimele case study

Anthony Mpati is the founder and CEO of 115 Solutions, an engineering consulting company that, from its humble beginnings in 2011, has expanded to include 40 full-time employees and an enviable client list. “Starting your own business is tough,” says Mpati, “but at some point you need to grab the bull by the horns and

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#BizUnity – Mandela Month for community, immunity and unity are in our name

This July #BizUnity Month will focus on companies standing together for good! This is a prime opportunity for a sponsor to be seen to be standing up and together for SA business. Sticking together, in familiar circles, is a natural instinct. Especially in times of danger or uncertainty; there’s safety in numbers. Herds, hives and communities provide

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Entrepreneurs making a difference…powered by Standard Bank

Those who have shown entrepreneurial drive and have started businesses usually face the market access challenge, as the number one challenge, as there are legacy barriers to entry into major corporate supply chains. Once access to markets has been gained, the need often quickly escalates to funding requirements to fulfil obligations. Development needs are related

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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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Black Business Council starts facilitating activities for small business development programme

On 18 April 2020, the Department of Small Business Development announced, in a media statement, guidelines for participation in spaza shops and general dealers Covid-19 support scheme. At the time they said: “The Department has finalised an agreement with Nedbank to support spaza shops and general dealers on the back of the Credit Guarantee Scheme

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