SME

5 things every SME needs to do to thrive in SA

Growing a successful small business is much like running the Comrades. It takes time, endurance, and determination to make it to the finish line….

[Opinion] SMEs in SA vital for economic recovery, upliftment

South Africa’s small businesses have the capacity to solve employment problems. The country faces record levels of unemployment with disastrous implications. However, job growth…

[Opinion] How technology is changing the face of SMEs

It’s no surprise that technology underpins every facet of modern life and while we have all experienced the changes that technology has brought about…

Reserve Bank greenlights new SME bank Lula

The South African Reserve Bank has given its regulatory approval for a new partnership specifically designed to address the most usual challenges SMEs face…

How to choose an AI partner for your business

With the market value of Artificial Intelligence in fintech estimated to hit $26 billion, the computational arms race is on. And that’s just in…

[Opinion] Five steps to protect your business from payment fraud

Digital payments fraud is on the rise as consumers flock to digital channels to replace or supplement in-person interactions. This rapid shift to digital,…

South African fintech raises R47M funding in Series A

TallOrder, the South African fintech developer of cloud-based point of sale (POS) solutions for the small and medium-sized enterprise (SME) market, has raised R47m…

Over a year on, when will big companies’ SA SME Fund get going? [Opinion]

South Africa’s private sector loves to lament how poor the government’s support has been for small business — but it seems, business owners shouldn’t expect much either…

New approach needed for SME finance that looks at data not outdated processes

Small business growth is being hindered by a lack of access to finance as entrepreneurs struggle with antiquated bank assessments that rely too heavily…

Just 26% of business loans by SA banks go to SMEs reveals OECD survey

Just 26% of business lending by banks in South Africa go to startups and SMEs, which is lower than in a number of other…

Budding entrepreneur? eLearnAfrica might be for you

Starting your own business with zero experience or knowledge can be difficult. Fortunately, online education platform eLearnAfrica has announced its new marketplace for online education, which…

Cocreate2Accelerate concludes with positive results between SA and Holland

The innovative initiative, Cocreate2Accelerate was created to foster better relations between Dutch and SA entrepreneurs. It was born from the minds of Consul General Bonnie Horbach and…

Axing of finance minister – SMEs in SA to lose big

South African small businesses are likely to lose more than they gain from President Jacob Zuma’s axing of Finance Minister Nhlanhla Nene. While Nene’s…

Survey: 96% of SA startups lack government support

According to a new study done by online accounting and payroll provider Sage, 96% of startups in South Africa say they have had no…

Here’s why SMEs should be wary of information security

If you run a small business, you may think that data breaches and cybercrime are concerns mostly for big banks, retailers and telecoms companies….

Study: fewer than half of SA’s SMEs use cloud services

According to a report by research firm World Wide Worx, the number of SMEs in South Africa using cloud services has jumped 10% since…

Got a small business? Here are 5 tips to help make it sustainable

Almost 50 years ago, when Emma Meyer started Auto Number Plates with her now late husband Nico, the couple only had determination on their…

Is forcing banks to lend to SMEs a good idea?

India’s reserve bank recently introduced new measures under its long existing priority sector lending policy that mandate banks to lend a minimum percentage of…

Online business network introduces ‘Small Business Toolkit’ for SA SMEs

South African online business network OpenTenders this week introduced its Small Business Toolkit which aims to connect entrepreneurs with relevant opportunities as well as…

5 effective communication tools every SME needs in the bag

Regardless of the size of your company or how long you have been in operation, it is essential that you have communication tools in…

Why it’s high time for SA government to translate SME talk into action

Steven Cohen is MD of Sage One AAMEA (Asia, Australia, Middle East and Africa) I’m passionate about small and medium sized enterprises (SMEs) because…

Innovation is key to support all SMEs in South Africa

Is it better to help the tens of thousands of struggling informal-sector firms or a few promising entrepreneurs with ideas that could grow to…

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SME