Tag: SMEs
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...
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Modernised building utilities save money and resources
Water resources are under significant pressure, pushed to the brink by the modernising world, rapid urbanisation, and population growth. Utility management philosophies had not...