Call for entrepreneurs to be innovative
Young people must be actively involved in establishing new mechanisms of conducting viable businesses that are in sync with the inventions of the 21st century, says Minister in the Presidency for Planning, Monitoring and Evaluation, Jeff Radebe. “As the government, we have adopted clearly defined policies and procedures to... Read more
New short courses to address SA’s entrepreneurial shortfall
Many SMMEs fail within the first five years due to the lack of training, and we need to find solutions to these problems at conferences such as these.” So said Chris Friedrich, a professor at the University of Applied Sciences in Giessen, Germany and an Extraordinary Professor at the... Read more
Digital programme empowers business owner
A digital training programme has sparked the imagination of small business owner, Ritha Katise, to expand her small enterprise. Speaking to SAnews about the Digital Skills for Africans programme which she attended at the Thusong Centre in Colesberg, Northern Cape, Katise said: “I want to convert my house into a bed... Read more
Young woman builds business empire from R1,000
When Promise Machimane, 32, was retrenched from her bank job, she struggled to find employment for a number of years, a story that thousands of young people can relate to. Despite the depressing period of unemployment after having lost her job with six years of experience, Machimane decided to... Read more
Tough times no reason not to start a business
Following a technical recession in Q1, and with slow economic growth forecast, South Africa can expect tough economic times ahead. But this is no reason not to start a new business, says Nedbank. Nedbank economist Busiswe Radebe says the global economic picture is uneven, with regions like the US... Read more
Lemok Digital Agency gives rise to township development
Having worked on marketing strategies for brands such as 8.ta, Lenovo and New Balance South Africa, Lebogang Mokubela saw the need to apply what he had learned within his own community and started Lemok Group; a township based Investment Company, in September 2015. In 2016, Lemok Group was nominated... Read more
KZN’s Operation Vula to boost small business, transform economy
The KwaZulu-Natal Provincial Government has launched a ground-breaking policy programme geared towards improving the participation of small businesses and small scale farmers in the economy. “Operation Vula” and its subsidiary, known as the Radical Agrarian Socio-Economic Transformation (RASET), were launched by President Jacob Zuma and the KZN provincial government in Ixopo... Read more
Volkswagen supports the VWSA B-BBEE Initiative Trust
Today marked another significant day for black-owned suppliers in the automotive sector, with the official launch of the Volkswagen B-BBEE Initiatives Trust.  Although established in 2016, it was publicly launched today to showcase the Trust and explain its objectives to suppliers, potential partners and the public in general. The... Read more
First-ever summit marks government, youth economic collaboration
The Eastern Cape Department of Economic Development, Environmental Affairs and Tourism (DEDEAT) says with increased support from national and provincial government and its various entities, young entrepreneurs and cooperatives have the opportunity to become a greater role player in the economy. The Department, which is one of the main... Read more
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