Latest newsSouth African businesses are increasingly utilising technology to drive growth and stay competitive. This is according to the latest SA SME Tech Index by World Wide Worx, which found that nearly two-thirds (63%) of local small and medium enterprises (SMEs) are using technology effectively, with 45% increasing tech spend last year and 38% planning further increases this year. 26 Nov 2024 Read more Despite reports that early-stage entrepreneurial activity is declining to pre-pandemic levels, South Africa is still producing entrepreneurs who are driving meaningful change in various sectors throughout the country. Luke Mostert, Nompumelelo Madubedube, and Esethu Cenga are three such entrepreneurs, leading transformation in manufacturing, tech, job placements, retail, and sustainability. Their efforts are shaping their industries and inspiring social and economic upliftment. 25 Nov 2024 Read more If the pandemic taught us anything about work culture, it’s that change can be exhausting. Our brains are programmed to recognise patterns. If we’ve tried an approach that worked before, we will likely do it again. Change, especially in leadership, can be disruptive for a business as it may bring new perspectives, strategies and cultures, which can create some insecurity about the future for some employees. 22 Nov 2024 Read more Five ways to track your cashflow in a tough economy. 28 Oct 2024 Read more Many entrepreneurs joke that their business is their baby. But what happens when a real baby is on the way? Balancing the demands of running a business with the responsibilities of parenthood can be downright overwhelming. Yet, with some careful planning – and perhaps a little less sleep – both your family and business can flourish. 25 Oct 2024 Read more Why SMEs should embrace employees exploring side hustles. 4 Oct 2024 Read more The rise of short-form video content has taken the digital marketing world by storm, and TikTok is at the forefront of this shift. With over a billion active users globally and close to 18 million in South Africa alone, the platform is no longer just a playground for teenagers – it has evolved into a powerful marketing tool for businesses of all sizes. 4 Oct 2024 Read more With Heritage Month in full swing, South Africans are reminded of the importance of legacy, not only in culture but also in business. Family-run enterprises like Pietermaritzburg-based Capital Security exemplify how these businesses build lasting legacies through resilience, innovation, and strong family ties. 30 Sep 2024 Read more South Africa’s hospitality sector is improving, driven by a post-pandemic recovery in tourism and increasing domestic travel. According to Stats SA, the country recorded 8.5 million international tourists in 2023, marking a 48.9% increase from 2022. This growth presents significant opportunities for entrepreneurs looking to enter the hospitality industry, but also highlights the competitive nature of the market. 26 Sep 2024 Read more In today’s fast-paced business landscape, success isn’t just about what you know, but who knows you. With over 830 million members worldwide, LinkedIn offers more than just networking opportunities, it’s a powerful tool for brand building, lead generation, and industry influence. 26 Sep 2024 Read more Spring is the season associated with new beginnings and fresh starts. It’s the perfect time of year to act on the saying: ‘out with the old, in with the new’ – not just in terms of your home or mental health but also in terms of how you run your small business. Now is your chance to check in with your small and medium enterprise (SME) and start preparing for the busy end-of-year rush. 5 Sep 2024 Read more In an ever-shifting commercial landscape brimming with competitors, the challenge for any business is to rise above the noise and establish itself as a leader in its field. One entrepreneur who has managed to do this successfully is Lindiwe Nkuna-Kgopa, founder and owner of Lindiwe Sanitary Pads and winner of the Emerging Business Category in Business Partners Limited's 2023 Entrepreneur of the Year competition. 5 Sep 2024 Read more The progress towards equality for women in the workplace, and specifically for women in businesses, has entered an interesting phase – one that will very likely accelerate gender equality, says Gugu Mjadu, executive general manager: marketing at Business Partners Limited. 26 Aug 2024 Read more Small and medium-sized enterprises (SMEs) are the backbone of South Africa's economy, contributing over60% of the GDP and employing more than half the workforce. The Business Partners Limited Q1 2024 SME Confidence Index shows a positive outlook, with a rise in confidence for both business growth (83%, up 12% year-on-year) and a conducive local economy (69%, up 13% year-on-year). 23 Aug 2024 Read more According to The World Economic Forum, women make up just under 60% of the continent’s total ratio of self-employment and contribute around 13% towards Africa’s total GDP. Motivated by various reasons, women entrepreneurs play a central role in growing the economy and the ongoing sustainability and sustenance of households, as well as the wellbeing of communities at large. With the call for gender equality across all spheres of society intensifying, there has never been a better time for women to pursue their entrepreneurial ambitions. 16 Aug 2024 Read more Millennials (currently aged 28 – 43 years old) and members of Generation Z (currently aged 12 – 27 years old), have very different needs and expectations in the workplace than their older counterparts. By understanding what these unique characteristics are, employers can harness young peoples’ predisposition for innovative thinking, their new-era creativity and their potential to become invaluable human assets. 15 Aug 2024 Read more Effective cashflow management being the most vital ingredient to long-term success in a small business. As such, being financially savvy and literate as a business owner is imperative. Numerous studies and surveys have in fact found a clear correlation between financial literacy and small business sustainability. Among the many principles and practices that comprise what it means to be financially literate, being good at saving is one of the most critical. 29 Jul 2024 Read more The 2024 SME Toolkit Business Plan competition is now open for entries with over R200,000 worth in prizes up for grabs 26 Jul 2024 Read more The value of human capital in any business should never be underestimated. In a small business, this statement is even more true. Small business working environments are typically more fast-paced, more demanding and often more emotionally and mentally taxing than their larger counterparts. But, if business owners can get a handle on these challenges and build a resilient team, the results can be remarkable. 16 Jul 2024 Read more The African continent is widely regarded as the next frontier in terms of small business development. With small and medium enterprises (SMEs) currently accounting for up to 90% of businesses in Sub-Saharan Africa, entrepreneurs play a vital role in social upliftment, economic empowerment and global competitiveness. Within the SME ecosystems of countries such as Kenya, Rwanda and Mauritius lie invaluable lessons for South African young entrepreneurs on how to harness the potential of human ingenuity, resilience and technological innovation. 15 Jul 2024 Read more
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