Small Business Development department develops red tape strategy for SMMEs
A national strategy is being developed to address the negative impact of red tape on small businesses and cooperatives, Small Business Development Minister Lindiwe Zulu announced on Thursday. “We are in the process of developing a National Red Tape Reduction Strategy, which will provide clarity on the logic, model... Read more
BRICS Ministers undertake to support SMMEs
BRICS Communications and ICT Ministers have agreed to help promote the cooperation of Small, Micro, Medium Enterprises (SMMEs) from BRICS member countries. “Key to unleashing their potential is for governments to support and invest in the innovation and development of ICT SMMEs and the broader ICT industry,” said a... Read more
Getting small business on board for digital revolution
The Deputy Minister of Telecommunications and Postal Services, Stella Ndabeni-Abrahams, has emphasised the importance for big industry players to contribute towards the development of small businesses as the digital revolution requires everybody to get involved. According to the Deputy Minister, Cabinet has approved her department’s Small, Medium and Micro-sized... Read more
BEE Commission to highlight women economic empowerment
Advancing women’s economic empowerment will take centre stage at the Broad-Based Black Economic Empowerment (B-BBEE) Commission’s conference on opportunities for women. Trade and Industry Minister, Dr Rob Davies, the chairperson of the Portfolio Committee on Trade and Industry, Joan Fubbs, and the Deputy Minister of Tourism, Elizabeth Thabethe, are expected... Read more
Small businesses win big
Three companies have won prizes ranging from R30 000 to R100 000 as part of the small business support programme for the Free State Department for Economic, Small Business Development, Tourism and Environmental Affairs. “These prizes cover productive equipment, marketing support, training and other non-financial support,” the provincial department said.... Read more
B-BBEE commission calls for government and private sector to increase number of women on boards and procurement spend from 30% black women owned businesses
The report produced by the Broad-Based Black Economic Empowerment Commission (“B-BBEE Commission”) on the national status and trends on broad-based black economic transformation for 2017 calendar year shows that JSE listed companies have only 38% representation by black people on their boards, with males accounting for 20% while females... Read more
GCIS embraces small businesses
Government Communication and Information System (GCIS) Acting Director-General, Phumla Williams, says the organisation supports up and coming businesses, especially community media. “… our printing, security, and our local procurement in the provinces … it’s a passion we have (and) we want to make sure that the up and coming... Read more
Eastern Cape Department of Economic Development, Environmental Affairs and Tourism LRED Funding Window closes on 30 June 2018
The Eastern Cape Department of Economic Development, Environmental Affairs and Tourism say that it is hoping to attract more bankable projects for its Local and Regional Economic Development Fund. The multi-million fund, which closes in just under two weeks on 30 June 2018, funds projects in key priority sectors,... Read more
Government strives for small business sustainability
Government is interested in developing bankable enterprises that can grow beyond its support and become commercially viable and sustainable. “We are a government that is focused on supporting entrepreneurs in order to enable them to learn and grow into the full spectrum of business activities within each economic sector’s... Read more
Opportunities for entrepreneurial youth
Young graduates with an entrepreneurial spirit will get the opportunity to develop their skills and move from “job seekers” to “job creators” at the Ekurhuleni West Centre for Entrepreneurship Rapid Youth Incubator. Minister of Small Business Development, Lindiwe Zulu, is expected to launch the Entrepreneur Rapid Youth Incubator in... Read more

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