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A major problem for businesses during lockdown is that they are not getting money coming in, so they have little liquidity. (Paul Botes/M&G)
INFORMAL ECONOMY

The missed opportunity: SMMEs in the South African economy

Entrepreneurs in South Africa have found wasy to innovate for the finance that their businesses need

  • Sonqoba Vuba
12 min read
Khosi Tyobeka is the head of Zimasa Travel, which gets tourists to their destinations in style
CONFERENCES

Investing in relationships

Small companies are able to customise experiences and build critical relationships

  • Tamsin Oxford
4 min read
Namhla Mayeki, business relationship manager at Tsheola Dinare Tours and Transport, says Meetings Africa is the perfect event for networking and boosting your business
AFRICAN DEVELOPMENT

Fast-moving travel solutions

Building a solid foundation in the travel market requires a commitment to reliability

  • Tamsin Oxford
11 min read
A trader weighs onions at a New Delhi market. India’s unemployment rate is about 7%, 23-million people are artisans and small businesses employ 40% of the workforce. (Roberto Schmidt/AFP)
BRICS

South Africa’s entrepreneurs remain elusive

Perhaps the reason is less about poor support and more about a bad attitude to self-employment

  • Staff Reporter
5 min read
(John McCann/M&G)
FUNDING

SMEs hobbled by funding gap

Only 1% of South Africa’s small, medium and micro-sized enterprises ask for formal financing

  • Thulebona Mhlanga
3 min read
Potential workers gather to see if they have secured a job at Lonmin mine in Marikana. A reader writes that the youth need skills to take up job opportunities in a variety of sectors.
DEPARTMENT OF EDUCATION

Letters to the Editor: June 22 to 28

Our readers write in about unlocking youth power and the evolution of the school curriculum

  • Letters
4 min read
Gauteng premier David Makhura. (Oupa Nkosi/M&G)
CITY OF JOHANNESBURG

Makhura plans Gauteng’s facelift

The premier wants to give township enterprises a boost and will name and shame public servants who don’t do their jobs well

  • Dineo Bendile
  • Staff Reporter
8 min read
Any discussion about black economic empowerment must weigh up its benefits, addressing historical injustices and the costs of not transforming the economy. Photo: File
DAVID MAKHURA

Gauteng plans to give its townships a business and lifestyle facelift

The township economy has taken centre stage in Makhura’s state of the province address, which he delivered at the Gauteng Legislature on Monday.

  • Dineo Bendile
  • Staff Reporter
2 min read
Gigaba: If the funding for small businesses could be accessible
BUDGET

Gigaba budgets R2.1-billion for small business

Gigaba says that by enabling new businesses with new ideas to emerge and thrive, “we are radically transforming patterns of production in the economy”

  • Thulebona Mhlanga
2 min read
Minister Lindiwe Zulu says radical steps are needed to build up black-owned small businesses.
LINDIWE ZULU

Lindiwe Zulu laments inadequate budget

The minister says R5bn and an overhaul of the ecomony are needed for SMMEs to create 90% of new jobs.

  • Dineo Bendile
  • Staff Reporter
5 min read
Change: The president of the South African Spaza and Tuckshop Association
MEDIUM AND MICRO ENTERPRISE

Small enterprises are embracing a new inclusive business model

Working with small business is good for big business, the economy and job creation.

  • Victoria John
13 min read
BARRIE TERBLANCHE

From unemployed to top dog

What makes Hot Dog Café extraordinary is that it is one of the few — unemployed-to-entrepreneur projects that has succeeded in South Africa.

  • Staff Reporter
4 min read