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ESG & Sustainability#BudgetSpeech2026: SRD grant unchanged, other Sassa social grants see hike
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Delivered via funding from South Africa's Department of Trade and Industry (DTI), the partnership will provide high-speed satellite broadband to over 1,000 small and medium-sized enterprises. The programme will be deployed extensively to businesses setting up in some of the remotest parts of South Africa, reaching a number of key sectors including retail, finance and agriculture.
Delivery of resilient broadband connectivity underpins the RSA government's business growth strategy. Research demonstrates that SMEs are the building blocks of an economy: 91% of the entities in South Africa are SMEs, of which 52-57% contribute to the country's GDP. FABCOS's Microtelco e-ncubator programme specifically nurtures small telecommunications companies, for which connectivity is a vital part of day-to-day operations.