Inspiring 50 SA 2019 is looking for women in STEM
IThis year marks the third edition of Inspiring Fifty South Africa, a non-profit initiative that benchmarks and awards the 50 most inspiring women in STEM (science, technology, engineering and maths). The initiative is based on the belief that, “if she can see it, she can be it” and values... Read more
Coca-Cola bottler hosts suppliers,  potential entrepreneurs
Coca-Cola Beverages South Africa (CCBSA) will be hosting its annual Supplier Development Conference on 7 March under the theme, Collaborative and Inclusive Growth. The 2019 theme fits squarely with the country’s bold investment and development agenda as expressed by President Ramaphosa during the State of the Nation address recently,... Read more
Black business people must support each other says govt minister
Communications Minister Stella Ndabeni-Abrahams has called on black business people to support each other if they want to see economic transformation. “It’s time for black professionals to rise up and be heard,” the Minister said. Speaking at the Black Business Council Summit in Midrand, Gauteng, on Friday, Ndabeni-Abrahams emphasised... Read more
Black Industrialists projects attract R13.2bn
The 131 projects that have been approved under the Black Industrialists Scheme have resulted in increased investments and job creation. “The approval of these 131 projects of black entrepreneurs has leveraged over R13.2 billion of private-sector investment, about 9 500 new jobs created and 8 900 retained in a... Read more
National Treasury revised economy’s growth down to 1.5% in 2019
National Treasury has revised down the South African economy’s growth to 1.5% in 2019. In the 2019 Budget Review document on Wednesday, Treasury said Gross Domestic Product (GDP) has been revised down since the Medium Term Budget Policy Statement (MTBPS) tabled in October 2018. The document attributed the drop... Read more
Why are SMMEs battling to secure funding
While the failure rate of small businesses in the country is high, they remain the backbone of the economy, providing the majority of the job opportunities and contributing significantly to GDP. With the recent announcement of government job cuts over the next three years and with only 22% of... Read more
Local companies urged to embrace partnerships with Germany
South African Ambassador to Germany Stone Sizani has urged local companies to embrace partnerships with their German counterparts. “The European Union (EU), as a neighbour continent to Africa, is working on a deal that would establish a Free Trade Agreement with Africa and South Africa in particular, precisely because... Read more
SONA2019: Capacity of the state to be strengthened
President Cyril Ramaphosa says there is a need to strengthen the capacity of the state to address the needs of the people. “We have made progress in examining the size and structure of the state, and will complete this work by the end of this administration,” President Ramaphosa said.... Read more
SONA2019: Help for small businesses, start ups
President Cyril Ramaphosa says government will this year focus on significantly expanding the small business incubation programme. The incubation programme provides budding entrepreneurs with physical space, infrastructure and shared services, access to specialised knowledge, market linkages, training in the use of new technologies and access to finance. “The incubation... Read more
SONA 2019 budget cut by 47% amid economic conditions
Speaker of the National Assembly Baleka Mbete says the budget for next week’s State of the Nation Address (SONA) has been cut by 47% as Parliament remains committed to cutting costs. Mbete said this when the Presiding Officers of Parliament briefed the media at the National Assembly on the... Read more