Impact SA

SME development

Why SA’s SMEs struggle despite support initiatives

Small and medium enterprises (SMEs) form the backbone of South Africa’s economy, with approximately three million businesses employing millions of people. Yet, despite their critical role, the survival rate of SMEs remains a significant concern. Poovi Pillay – Executive Head Corporate CSI, Nedbank In fact, more than 50% of small businesses don’t make it past […]

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Business development service providers also need a helping hand!

In South Africa, there are many entities active in offering business development services (BDS). Some are consultants or incubators, some are financiers or educators, and others straddle several such positions simultaneously. Indeed, the South African legislation around such things as enterprise and supplier development means that there is often fertile ground for such operators to

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