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Tag: SMEs

Proparco and Absa join forces to support SMEs impacted by the Covid-19 crisis

Proparco is collaborating with South Africa's third largest bank by assets, Absa Bank Limited, by granting it a senior loan of $20 million to contribute to its support plan for Corporate...

Four affordable ways to make your SME greener

“SUSTAINABLE business”, and “responsible profit-making” were once industry buzzwords, but today, they represent a new frontier for businesses across all sectors. In South Africa, we’re seeing big corporates and listed companies...

Dis-Chem – growing small businesses results in entrepreneurial success

IN acknowledgment of the call by government to boost local manufacturing and job creation, Dis-Chem is working in close collaboration with the Department of Small Business Development in a national drive...

Government to help small businesses reach their potential

As governments around the world prioritise economic recovery following the devastating impact of COVID-19 on business, this year's World Intellectual Property Day will shine a light on the role of small...

SMEs remain under pressure as fuel prices increase

Small and medium-sized businesses (SMEs) are often hit the hardest during the periods of fuel price increases. This comes at a crucial time as SMEs are still trying to recover from the financial...

Tax on booze, fuel & cigarettes hiked while income tax stays put

The 2021 annual budget speech by the finance minister took place in Cape Town on February 24 2021. All eyes were on Tito Mboweni as South Africans were looking forward to...

75% of SME’s predicted to fail if lockdown runs past 30 June

SEVENTY-FIVE percent of small and micro businesses will close down if the lockdown runs past 30 June, according to a survey by the South African SME Finance Association (SASFA) and assimilated...

Rebuilding small businesses after COVID-19

The COVID-19 pandemic has wreaked financial havoc throughout the nation, leaving many small business owners struggling in its wake. According to the National Small Business Chamber (NSBC ), 86% of small...

Payment Holidays Explained For Small Business

We can be proud of how South Africa is handling the COVID19 pandemic and we can commend the offering of payment relief that financial institutions are extending to SME’s in this...

Vodacom is now offering SMEs short-term funding

Vodacom has launched its new business financing product for small to medium sized businesses, called VodaLend Business Advance. VodaLend Business Advance was launched by Vodacom this week. This digital proposition will ensure that...

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City proposes modification of weirs at Zeekoevlei and Rondevlei to improve...

THE City of Cape Town proposes the redevelopment and upgrade of the weirs at Zeekoevlei and Rondevlei that are located within the False Bay...

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