Tag: SME’s
Emergency budget misses the mark for SMEs
Traditional bank lending is inadequate to support small businesses
There was little in the supplementary budget for small and medium enterprises (SMEs) to cheer about, according to Guy Hosking, Chief Financial Officer...
Entrepreneurs hit hard by Coronavirus – ways to stay afloat
Seraj Toefy, Custodian of Entrepreneurship at the University of Stellenbosch Business School (USB) says that according to the Small Business Association, the average cash safety net for small businesses is estimated to last only...
Crisis Tips for SMEs
Displaying leadership
It was recently reported by ratings agency S&P Global that the coronavirus outbreak has plunged the world into a recession. On the home front, a sudden surge in COVID-19 cases...
International Networking Week demonstrates 1 million thank you’s to entrepreneurs across the globe
Each year, small business and entrepreneurs all over the globe come together to celebrate the power of networking and the impact that it has had on their growth as business professionals.
During...
SMEs gearing up for peak season
With the 2019 festive season approaching, many small to medium sized enterprises (SMEs) are gearing up for their busiest business period.
To make the most of the last quarter of the year,...
New banks circle small businesses
It is not only retail banking customers who stand to win as competition in the South African banking sector heats up. Businesses — particularly small and medium-sized ones — could also...
WhatsApp: The new email for SME’s
Globally, 65% of Millennials and their younger counterparts, Generation Z, prefer to message rather than call or email, and locally, WhatsApp is the leading communication app. As these generations now make...
R1.2bn funding for FNB to improve lending to SMEs
FNB will receive new financing of $100 million (R1.2 billion) from the International Finance Corporation (IFC), to support its lending to small and medium enterprises (SMEs), with a focus on women-owned businesses.
...
MUST READ
South Africa’s economy facing optimistic future
KPMG shares insights from their South Africa Economic Outlook
In search of fiscal consolidation
Positive post-election sentiment coupled with improved energy availability and reduced inflation...