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South Africa can't afford for SME relief funds to dry up
South Africa can't afford for SME relief funds to dry upArticle

As local business relief initiatives come to a close, many small and medium enterprises continue to struggle with an unfortunate number of businesses' liquidity eroded by the Covid-19 pandemic...

Evan-Lee Courie 31 Mar 2021

3 key challenges women entrepreneurs face
3 key challenges women entrepreneurs faceArticle

South Africa needs more women entrepreneurs and business owners to help tackle local unemployment, breathe innovation into lacklustre sectors, and help drive economic recovery in the country...

Divya Vasant 15 Mar 2021

Africa hotel transactions set to increase as owners forced to consider disposal prospects - JLL
Africa hotel transactions set to increase as owners forced to consider disposal prospects - JLLArticle

According to JLL's Hotels & Hospitality Group, Covid-19 is expected to impact the hotel sector in Sub-Saharan Africa in the long term with an increase in the number of transactions expected over the next few years...

12 Mar 2021

Disclosure - The pathway to corporate reporting reform
Disclosure - The pathway to corporate reporting reformArticle

Corporate reporting has undergone, and continues to undergo, substantial changes, upgrades, advances, and methodological enhancement. The nature and scope of reporting today has had a paradigm shift compared to forty years ago...

Milton Segal, Issued by SAICA 12 Mar 2021

City Lodge Hotel Group announces interim results reflective of pandemic
City Lodge Hotel Group announces interim results reflective of pandemicArticle

The JSE-listed City Lodge Hotel Group has announced its unaudited interim results, reflecting the sweeping effects of the coronavirus pandemic. However, during this time the group has notched up several notable achievements...

Issued by City Lodge Hotel 11 Mar 2021

Sasol abandons $2bn rights issue on turnaround progress
Sasol abandons $2bn rights issue on turnaround progressArticle

Sasol said on Monday, 22 February, it has decided not to pursue a rights issue of up to $2bn after significant progress in its turnaround strategy...

22 Feb 2021

Taking the temperature of your business's financial health
Taking the temperature of your business's financial healthArticle

New Year, new you? But how about new resolutions for your business? The new year is the perfect time to set professional goals and focus on taking your small business to the next level - and one of the best ways you can do that, is to focus on your business's financial health and more specifically, its cash...

Burton Matthews, Issued by Topco Media 19 Feb 2021

Getty
Technology and supermarket chains can help strengthen southern Africa's food systemsArticle

Covid-19 restrictions on restaurants and catering have led to supermarkets being the key route to market...

Thando Vilakazi and Namhla Landani 16 Feb 2021

Adaptation is the answer to survival for SMMEs
Adaptation is the answer to survival for SMMEsArticle

Sure, the national lockdown has hit everyone - businesses big and small. But, SMMEs have really felt the brunt of the restrictions, with most of them going into survival mode to stay afloat...

4 Feb 2021

Mopani Copper Mine. Image: ZCCM
Glencore sells Mopani stake to ZCCMArticle

Glencore subsidiary, Carlisa has signed an agreement to transfer its 90% interest in Mopani Copper Mines to Zambia Consolidated Copper Mines (ZCCM), the owner of the remaining 10% interest in Mopani, for $1 and the transaction debt...

19 Jan 2021

When is the best time to borrow money for your small business?
When is the best time to borrow money for your small business?Article

Small businesses face many challenges: Access to working capital is one of them. There is the perception out there that borrowing money is a last resort, but lending can actually be a very strategic move...

13 Jan 2021

Local fintech firm Fundrr wins at CorporateWire Prestige Awards
Local fintech firm Fundrr wins at CorporateWire Prestige AwardsArticle

Local fintech firm Fundrr recently scooped the SME Finance Company of the Year Award in the CorporateWire Prestige Awards. The judges cited Fundrr's personal touch, consistency of reviews and overall attentiveness in their decision...

21 Dec 2020

Everything must go with innovative new hardware sales platform
Everything must go with innovative new hardware sales platformArticle

Did you know that the average hardware distributor in South Africa carries between R50m and R100m in ageing stock because newer models are already in the market?...

Issued by Digital Kungfu 9 Dec 2020

Partnership empowers informal retail traders across Eastern and Southern Africa
Partnership empowers informal retail traders across Eastern and Southern AfricaArticle

Informal retail micro, small and medium-sized enterprises (MSMEs) across the Eastern and Southern Africa Region (ESAR) are set to receive a technological and operational boost for their businesses, thanks to Nestlé, Nomanini and Standard Bank...

2 Dec 2020

Cash flow critical for SME survival
Cash flow critical for SME survivalArticle

In an effort to ensure small and medium-sized businesses (SMEs) in South Africa survive the economic crisis, more than 50 large companies have formally committed to paying their SME suppliers in 30 days...

18 Nov 2020

Hola Business launches business plan training
Hola Business launches business plan trainingArticle

Hola Business is now offering online business plan training for South African entrepreneurs.

17 Sep 2020

E&T Minerals announces bid for Optimum Coal Mine
E&T Minerals announces bid for Optimum Coal MineArticle

South African commodity trading and brokerage house E&T Minerals is one of the companies/organisations bidding for OCM (Optimum Coal Mine)...

Issued by E&T Minerals 17 Sep 2020

5 imperatives when reimagining go-to-market strategies post pandemic
5 imperatives when reimagining go-to-market strategies post pandemicArticle

The coronavirus pandemic has hampered companies' go-to-market strategies everywhere, but nowhere has the disruption been more severe than in emerging markets...

Stefano Niavas 8 Sep 2020

#WorldEntrepreneursDay: Pezesha, Kenya's digital financial enabler platform and marketplace
#WorldEntrepreneursDay: Pezesha, Kenya's digital financial enabler platform and marketplaceArticle

Every year, 21 August marks World Entrepreneurs' Day. The purpose of this day is to create awareness of entrepreneurs and innovation throughout the world...

Evan-Lee Courie 20 Aug 2020

8 golden rules for brands to win in a recession
8 golden rules for brands to win in a recessionArticle

Wunderman Thompson published a guide on 'How Brands Can Win in a Recession'. The global report is an essential manual for brands highlighting how to survive and thrive in the face of the recession...

Issued by Wunderman Thompson 31 Jul 2020

Big boost for chemical services company
Big boost for chemical services companyArticle

Edge Growth has announced a partnership with entrepreneurial company Massive Quantum, which procures and supplies raw chemical materials and engineering products to South Africa and its neighbouring states...

Issued by Edge Growth 29 Jul 2020

Global disruption can have local implications
Global disruption can have local implicationsArticle

The global impact that the Covid-19 pandemic has had not only on public health, but on business, cannot be underestimated...

Soromfe Uzomah 27 Jul 2020

Distressed M&A: You do not have to sell cheaply, but you must move quickly - Part 2
Distressed M&A: You do not have to sell cheaply, but you must move quickly - Part 2Article

In Part 1 of this article, we looked at the difference between traditional and distressed mergers and acquisitions, and how to overcome some of the challenges involved in the buying and selling of a distressed asset...

Tony Lee and Justin Balkin 20 Jul 2020

One-On-One with Teambix
One-On-One with TeambixArticle

We know about platforms that allow people or organisations to hire tech talent on-demand and on a freelance basis. Teambix has introduced a unique twist to this well-known business model...

Papama Nyati 15 Jul 2020

Fintechs could be the lifeline to SA's SMMEs
Fintechs could be the lifeline to SA's SMMEsArticle

South Africa's rapidly-growing fintech sector could play a key role in helping the country's SMMEs recover from the impact of Covid-19, while bringing millions of 'credit invisible' consumers into the formal economy at the same time.

Dalene Deale 14 Jul 2020

Merchant Capital and Discovery Insure partner to help SMEs
Merchant Capital and Discovery Insure partner to help SMEsArticle

Merchant Capital has partnered with Discovery Insure to provide SMEs with working capital to assist with cash flow.

25 Jun 2020

Image source:
Airline industry to suffer $84bn loss in 2020Article

Financially, 2020 will go down as the worst year in the history of aviation. On average, every day of this year will add $230m to industry losses...

10 Jun 2020

Image source:
Business continuity demands a supply chain with end-to-end visibilityArticle

How digital migration can help enterprises achieve end-to-end visibility of their supply chain...

Baljeet Nagi 8 Jun 2020

Reimagining labour at the dawn of 4IR
Reimagining labour at the dawn of 4IRArticle

Before the industrial revolution of the 1780s, most of Europe's population served as indentured labour for a small group of nobles and royals that owned the land. The advent of mass mechanisation changed that picture by creating a new mechanism to share wealth beyond the top stratum of society...

Thando Gobe 1 Jun 2020

SAA retrenchment process heads to Labour Appeal Court
SAA retrenchment process heads to Labour Appeal CourtArticle

On Friday 8 May 2020, Labour Court Judge Andre van Niekerk delivered a devastating blow to the national airline's "premature" retrenchment process, which is set out to affect at least 5,000 employees...

Malesela Letwaba 27 May 2020

#LockdownLessons: Navigating the new frontier of trade
#LockdownLessons: Navigating the new frontier of tradeArticle

Dr Greg Cline, head of corporate accounts at Investec for your Business, shares how Covid-19 has impacted the trade industry during these unusual times...

Robin Fredericks 20 May 2020

Taurus creates R300m fund for SA law firms
Taurus creates R300m fund for SA law firmsArticle

Although a number of South African law firms have shifted to online consulting solutions, many are under financial strain due to the current delays and limitations at the courts, deeds office, Road Accident Fund and other legal bodies...

18 May 2020

Sappi announces financial results for 2nd quarter, responds to impact from Covid-19
Sappi announces financial results for 2nd quarter, responds to impact from Covid-19Article

Sappi has announced its financial results for the second quarter along with its response to the impact of the Covid-19 pandemic and its outlook for the rest of the year...

Issued by Sappi 7 May 2020

#LockdownLessons: Investmint wants to help SMEs connect with investors
#LockdownLessons: Investmint wants to help SMEs connect with investorsArticle

Gareth Price and Chris Bruchhausen shares how the coronavirus has had an impact on Investmint, an online platform connecting businesses in need of a loan...

Evan-Lee Courie 5 May 2020

Gary Paragon, CEO, Paragon Lending Solutions
Now is the time for masterful inactionArticle

Despite the latest S&P ratings downgrade to an eye-watering BB-, there will always be opportunities that offer excellent returns and that can make the bold few very rich...

5 May 2020

Nestlé-IDH partnership to boost sourcing practices in Central, West Africa
Nestlé-IDH partnership to boost sourcing practices in Central, West AfricaArticle

The three-year partnership aims to support 25,000 farmers and 50 SMEs, as well as open up new markets for them...

28 Apr 2020

Mobility is essential in getting the economy back to work
Mobility is essential in getting the economy back to workArticle

The National Automobile Dealers' Association (NADA) empathises with the South African government and the enormous balancing act it must perform as it weighs up saving lives...

24 Apr 2020

#LockdownLessons: Q&A with Armond Boshoff, CEO of Atterbury
#LockdownLessons: Q&A with Armond Boshoff, CEO of AtterburyArticle

Armond Boshoff, CEO of Atterbury, shares his experience of the current Covid-19 crisis, how his organisation is navigating these unusual times, where the challenges and opportunities lie...

Sindy Peters 23 Apr 2020

Covid-19: Pumping the brakes on FMCG
Covid-19: Pumping the brakes on FMCGArticle

A labour force that is at high risk of contracting Covid-19 has a major impact on the food supply chain...

Serena Ho 22 Apr 2020

Free platform equips small, informal retailers to sell essentials online
Free platform equips small, informal retailers to sell essentials onlineArticle

The Redshift Store Connector was created during the South African lockdown to allow small local retailers like spaza shops to easily set up an online presence and sell directly to their surrounding communities...

21 Apr 2020

Restart your business engine
Restart your business engineArticle

Right now, most owners of small and medium-sized businesses have been out of business for several weeks...

Stephan du Plessis 20 Apr 2020

Guidelines for spaza shops announced
Guidelines for spaza shops announcedArticle

The Department of Small Business Development (DSBD) has announced guidelines for participation in the Spaza Shops and General Dealers support scheme...

20 Apr 2020

A startup's guide to fighting the Covid-19 crisis
A startup's guide to fighting the Covid-19 crisisArticle

Rather than downing tools and waiting out the lockdown, it is critical that small, medium and microsized enterprises work harder now than ever before...

16 Apr 2020

Woolworths execs accept pay cuts to financially assist staff
Woolworths execs accept pay cuts to financially assist staffArticle

Woolworths board members, group CEO Roy Bagattini and the retailer's senior executive team members have agreed to forego up to 30% of their fees and salaries over the next three months...

6 Apr 2020

Richard Silagi via
Airlines will burn billions during Q2 despite taking out costsArticle

The International Air Transport Association's latest analysis shows that airlines may burn through $61bn of their cash reserves during the second quarter ending 30 June 2020, while posting a quarterly net loss of $39bn...

1 Apr 2020

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