Calls for departments to support youth-owned enterprises
As South Africa commemorates youth month, Small Business Development Minister Lindiwe Zulu has called on departments to support businesses that are owned by young people. The Minister said this when government’s economic cluster Ministers went to the National Assembly to answer oral questions on Wednesday. “What we would like... Read more
SMEs should take advantage of the tax incentives for PV systems
Businesses that make use of renewable energy solutions are entitled to tax incentives that could substantially drive down their operating costs. All businesses, especially small to medium enterprises (SMEs), should take advantage of this opportunity This according to Cala van der Westhuizen, Spokesperson for Energy Partners Home Solutions, a... Read more
SOUTH African entrepreneurs across all sectors have the opportunity to share their views and make their voices heard in the country’s largest entrepreneurial survey, The State of Entrepreneurship in South Africa 2017 – The Entrepreneur’s View. The survey comes as high unemployment and poor growth remain among the most... Read more
GIVEN the endless stream of inspiring media stories that detail the increase of entrepreneurs to positions of power and the rise of the Unicorn businesses (mostly in the tech sector), it is unsurprising that many young and ambitious South Africans are set on becoming entrepreneurs. Worryingly, however, it appears... Read more
  About 777 houses have been built and handed over to Motherwell residents in Port Elizabeth. CDC has been tasked to implement the project on behalf of the Department of Human Settlements. This life-changing project, amounting to just over R100 million forms part of the collaboration between the CDC... Read more
CAPE TOWN, South Africa, October 6, 2016/ — A recent survey by research and analysis information technology company, Forrester has found that 39% of customers tell their friends and families about bad customer experience. This means that for every customer that has a bad experience with a company, the... Read more
Two sites in the Eastern Cape has been selected as pilot sites for the National Informal Business Upliftment Strategy launched by the Department of Trade and Industry in March this year. Small Business Development Minister Lindiwe Zulu has told the National Assembly in reply to a written question that... Read more
It has been argued by our nation’s leaders that SMEs are the critical driver for sustainable economic growth in Africa. They see entrepreneurship as the vehicle for social and economic upliftment. So business owners need to take advantage of this growth, the one billion African consumers, the fastest growing middle... Read more
Small businesses are key to ECDC’s goal to stimulate the economy, during the year under review ECDC has assisted the following enterprises. Financial support Billion-rand mixed property development for Lusikisiki ECDC has pumped R1 million into financing a pre-feasibility study, environmental impact assessment and legal requirements for a seven... Read more
The newly established Small Enterprise Finance Agency will work closely with provincial agencies that funded small business such as the Eastern Cape Development Corporation (ECDC), Economic Development Minister Ebrahim Patel announced this morning. Speaking at the launch of the new agency that brings together Khula, the South African Finance... Read more