Finance Trends 2021
The Jua Kickstarter Fund has doubled to $2m (R30m). The fund was launched by African industrialist Adam Molai in November 2020 with $1m available for African entrepreneurs...
On 4 January 2021, the South African Reserve Bank released Exchange Control Circular No. 1/2021 which provides for the long-awaited relaxation of the South African exchange control rules relating to "loop" structures and investments...
Cor Kraamwinkel, Keith Veitch and Sean Franken 13 Jan 2021
Last year proved that SMEs are the backbone of the South African economy. Yet, existing debt, lack of cash reserves, outdated financials, and an inability to operate during the national lockdown, forced almost half of South African small businesses to shut down...
Kuhle Mnisi 11 Jan 2021
Senegal-based startup, Oolu has secured $8.5m in a Series B round of investment led by RP Global, an independent renewable energy developer, and several additional investors...
Ishani Chetty 24 Dec 2020
What a year 2020 has been! So, we've curated the year's most popular articles, most-read contributors and brand press offices with the most views on Bizcommunity's Finance & Insurance platform into our #BestofBiz2020 list...
Many entrepreneurs rely on investments from venture capitalists (VCs) to fund their growth. These are usually firms that rely on outside investors for the money they put into startups...
Philani Sangweni 8 Dec 2020
The world is currently experiencing one of the worst health pandemics since the Spanish Flu in 1918. Not only has this had an impact on the health infrastructure of many countries, but it has resulted in economic turbulence in many markets with the looming potential of a global economic downturn if recovery efforts are not speedily implemented...
Bullion PR & Communication 25 Nov 2020
The Vumela Fund has announced the provision of a significant debt facility to Letsema Consulting and Advisory, positioning Letsema to take advantage of growth opportunities, furthering their significant economic and social impact in South Africa...
Edge Growth 6 Nov 2020
As any South African venture capitalist will tell you, just keeping up with all the emails from entrepreneurs asking for funding can be a full-time job in and of itself...
Philani Sangweni 4 Nov 2020
Recent reports of the looting of relief funds meant for managing the Covid-19 pandemic have once again shone the spotlight on the abuse of power in South Africa. They beg the question as to how it can be prevented...
Theresa Onaji-Benson, Elmé Vivier, Gideon Pogrund & Mollie Painter 26 Oct 2020
Congratulations to the SME companies who have won full-page BizListing entries in Bizcommunity's business directory...
Bizcommunity.com 26 Oct 2020
In the last few months there have been various announcements of relief funding initiatives to assist businesses and livelihoods struggling in the wake of Covid-19...
Covid-19 and the ensuing national lockdown has had a dramatic effect on all spheres of South African society, but small and medium-sized enterprises (SMEs) - especially those in the service sector - have been particularly hard hit...
E-commerce will permanently benefit from people wanting to, or being forced to, socially distance themselves. One of the sub-sectors in this space is online grocery shopping...
Ross Jenvey 22 Sep 2020
