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Small Business and Supplier Development

Finance house assists with small business growth

By: Dylan Slater     18th March 2016 Through financial services provider Sanlam’s enterprise and supplier development (ESD) programme, small and medium-sized enterprises (SMEs) have experienced an average of 19% growth in revenue in the past two years.  

New codes to catalyse transformation

By: Dylan Slater     18th March 2016 Compliance with the new Broad-Based Black Economic-Empowerment (BBBEE) Codes of Good Practice needs to be widespread if further youth uprisings are to be averted, thereby enabling South Africa to build additional small and medium-sized enterprises (SMEs) and triggering transformation and growing... 

New codes to catalyse transformation
Photo by Duane Daws
BBBEE CODES The biggest change in the new codes is a sub minimum of 40% compliance for all categories

New Generation Mindset

By: Zandile Mavuso     18th March 2016 New Generation Mindset (NGM) is 100% black-owned business support company that regularly partners with government, through extensive collaboration in local and global agencies as well as blue chip corporates to provide its clientele with competitive processes, support structures and enterprise... 

New Generation Mindset

Black business advocacy group supports small business expo

By: Bruce Montiea     27th February 2015 This year marks the first time that black business advocacy organisation the Black Business Council (BBC) will participate in Empowertec Africa – a  biennial expo that showcases small business opportunities in Africa. BBC president Ndabe Ntsele says the council’s attendance at Empowertec is a... 

Black business advocacy group supports small business expo
NDABE NTSELE The Black Business Council (BBC) is excited to be part of the Empowertec Africa expo as the conference dovetails with the BBC’s focus on promoting the incubation of small businesses

Brewery to identify 2015’s top young entrepreneurs

By: Bruce Montiea     27th February 2015 Brewing and bottling giant South African Breweries (SAB) will announce this year’s finalist in the SAB KickStart programme – a youth entrepreneurship programme aimed at providing fledgling business owners with business training and mentorship – on 27 March. The programme’s efforts are focused on... 

Brewery to identify 2015’s top young entrepreneurs
Photo by Bloomberg
BUSINESS SUPPORT The South African Breweries’ business support model is designed to build and strengthen the capabilities of small and medium-sized enterprises to become sustainable entities with the ability to create jobs and wealth

Development agency empowering SMMEs

By: Bruce Montiea     27th February 2015 The Coega Development Corporation (CDC) handed out 200 certificates in the Eastern Cape and 300 certificates in KwaZulu-Natal in November 2014 to medium-sized and microenterprises (SMMEs) that had successfully completed the development agency’s Black Economic Empowerment Competitiveness... 

Development agency  empowering SMMEs
EMPOWERED SMALL BUSINESSES CDC senior BEE analyst Nolubabalo Pandle, ASAHJ Monti Projects' Xoliswa Tofi, Sidibanisa Techonolgies’ Anele Ganca, CDC SMEE unit head Andile Ntloko, and Sbongukhanyo Limited’s Phumeza Ceshemba

Diversified supplier base helps companies explore new markets

By: Bruce Montiea     27th February 2015 South African companies should diversify their supplier base to effectively explore new markets and achieve the flexibility required to survive challenging and ever-changing business operating environments, says sustainable supplier diversity promoter the South African Supplier Diversity Council... 

Diversified supplier base helps  companies explore new markets
BEST PRACTICE Progressive companies are leading the way in a multicultural marketplace by infusing supplier diversity into their main business processes

Joburg chamber launches SME incubator

By: Bruce Montiea     27th February 2015 In addition to the export incubator it initiated in October last year, to be formally launched later this year as part of its 125 years celebration, business promotion organisation the Johannesburg Chamber of Commerce and Industry (JCCI) will also launch a Small and Medium-Sized Enterprises (SME)... 

Joburg chamber launches SME incubator
Photo by Bloomberg
BOTTLING FOR EXPORT The Johannesburg Chamber of Commerce and Industry’s export incubator was launched in October to assist black South African entrepreneurs in selling their products in foreign markets

Online company registration drive bearing fruit

By: Bruce Montiea     27th February 2015 Retail bank First National Bank (FNB) has noted a substantial number of newly registered businesses since the launch of the online business registration initiative collaboration, which it established in 2013 in partnership with the Companies and Intellectual Property Commission (CIPC), says FNB... 

Online company registration drive bearing fruit
Photo by Bloomberg
EASING THE PROCESS The importance of registering a business with ease will never diminish in South Africa, as the country is always on a drive to boost entrepreneurship

SMEs get PoPI right with self-assessment info tool

By: Bruce Montiea     27th February 2015 An increasing number of small and medium-sized enterprises (SMEs) are benefiting from information security and privacy professional services firm 4Di Privaca’s Protection of Personal Information (PoPI) Impact Self-Assessment service tool, says company CEO Drew van Vuuren. Launched in October last... 

SMEs get PoPI right with  self-assessment info tool
Photo by Bloomberg
PROCESSING PERSONAL INFORMATION The PoPI Impact Self-Assessment tool helps SMEs understand the requirements of the PoPI Act regarding the collection and processing of clients’ personally identifiable information

Economic crisis could yield more entrepreneurs

By: Darren Parker     20th March 2009 In spite of the current economic turmoil, a possible ‘silver lining' for small business development may exist in that corporate downsizing and factory layoffs could yield more potential entrepreneurs, says entrepreneurial developer ChemCity business development manager Herman Berry. This could... 

Effective communications key to SME success

By: Darren Parker     20th March 2009 Given the global economic meltdown and the harsh economic conditions expected in 2009, small to medium enterprises (SMEs), more than ever, need to find a balance between cutting costs where possible and increasing productivity, so as to remain competitive and sustainable, says communications... 

SME Budget allocation needs responsible management

By: Darren Parker     20th March 2009 Despite the funding made available for small to medium enterprises (SMEs) in Finance Minister Trevor Manuel’s 2009 budget speech, SME developer Business Partners executive director Christo Botes says that the SME budget for the year ahead is insufficient when one takes into account the small... 

Budget spells good news for SMEs, but more clarity needed – KPMG

By: Fatima Gabru     21st March 2008 This year’s budget speech has spelt some good news for owner managed businesses (OMBs) following tax amendments for small businesses, audit and advisory firm KPMG’s national managing director OMB division Pierre Delaney tells Engineering News. 

Merseta training voucher project launched

     21st March 2008 The Manufacturing, Engineering and related Services Education and Training Authority, Merseta, has launched a small- and medium-enterprise (SME) training voucher project. 

Small business server offers security

     21st March 2008 The current electricity crisis has created an urgent and pressing need for small business owners to protect their data. IT Department MD Sonja Durant explains that small business owners can ensure the security of their data, prevent the loss of data while keeping relevant information accessible... 

Video conferencing equipment to enhance communication collaboration

     21st March 2008 Provider of unified collaborative communications Polycom, has added the latest HDX7K equipment to its video conferencing segment, specifically to cater to the small- to medium-sized enterprise (SME) sector. 

Walk-in centre expands to provide more information access for SMMEs

By: Fatima Gabru     21st March 2008 Information and service provider for emerging and existing entrepreneurs, The Business Place (TBP) has broadened its range of support services to begin providing established business operators greater access to market opportunities through the Enterprise Development Initiative (EDI). 

Empowering the youth to secure a share of the 2010 benefits 

By: Dennis Ndaba     18th January 2008 The Youth Entrepreneurship Campaign (YEC) 2010 seeks to support as many young entrepreneurs as possible so that they are able to secure a share of the benefits that will flow from South Africa hosting the 2010 FIFA World Cup. 

Correlation found between computer use and small business success

By: Dennis Ndaba     2nd November 2007 The use of resources such as computers increases the competitiveness of small and medium-sized enterprise (SMEs) business. 

Some 30% of World Cup spend to go the way of SMMEs

By: Dennis Ndaba     22nd June 2007 The 2010 soccer World Cup Local Organising Committee (LOC) has committed at least 30% of its procurement spend to small, medium and micro enterprises (SMMEs). 

Business-support network extends into Alexandra

By: Dennis Ndaba     30th March 2007 The Business Place (TBP), established by Investec in the Johannesburg central district business six years ago, has evolved into a comprehensive network of business-support centres at seven sites in South Africa and Botswana, and the first of six additional centres scheduled to be established this... 

Probing the secrets of a small-business success

By: Olivia Soraya Spadavecchia     30th March 2007 The 2007 small and medium-sized enterprise (SME) survey is currently in its first phase, which includes development of the questionnaire and call centre training. 

Downstream chemicals sector receives empowerment boost

By: Brindaveni Naidoo     23rd March 2007 A subsidiary of Sasol Chemical Industries, ChemCity continue in its endeavour to participate in the development of sustainable small medium and micro enterprises (SMME) in the down stream chemical and related industries and SMME sector in South Africa. Since its inception in 1998, the company has... 

New business tool kit paves the way for SMMEs

By: Brindaveni Naidoo     23rd March 2007 In an effort to eradicate one of the challenges facing small, mini and micro enterprises (SMME) in Southern Africa, the Association of Southern African Development Community (SADC) Chambers of Commerce and Industry (ASCCI) have launched a new SMME business toolkit. The tool kit aims to challenge... 

Opportunities surge for SMEs

     23rd March 2007 Small and medium enterprises (SMEs) are internationally acknowledged as vital to socio-economic growth and stability. In South Africa, they account for approximately half of the country’s annual gross domestic product and for the majority of new jobs currently being created here. 

Summit outlines SMME development strategies

By: Brindaveni Naidoo     23rd March 2007 The annual small business summit held in November last year aimed to highlight the Department of Trade and Industry (DTI) Minister Mandisi Mpahlwa department strategy on the development and rapid growth of the small, medium-sized and micro enterprises (SMMEs) in South Africa. 

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