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How tourism SMMEs can make big bucks this December

The December holiday rush is more than a busy season; it is a powerful opportunity for small tourism businesses to boost revenue and build long-term visibility. KwaZulu-Natal…

Israel’s surveillance tools are now part of its economic presence in Africa. Photo: File

Blockchain-based financial reporting has potential to empower SMMEs

It can eliminate the need for expensive and time-consuming manual audits, creating verifiable financial histories automatically, with minimal cost.

(Siphiwe Sibeko/Reuters)

The proposed Transformation Fund aims to work with and for black women

It advocates for SMMEs owned by women, addresses problems women have with financing and targets sectors such as agriculture, where women labourers are concentrated

To reach pre-pandemic levels and beyond, South African tourism will have to not only address the volume of visitors but also their spending patterns and overall experience. (Photo by Murat Ozgur Guvendik/Anadolu Agency via Getty Images)

South Africa’s tourism potential yet to be harnessed

Events like the Africa Travel Indaba are valuable, but they are not a panacea for the broader issues that need addressing

As South Africa stands at the crossroads of economic opportunity, the time is ripe for a  paradigm shift that places SMMEs at the heart of our economic strategy.

SA fails to unleash economic revitalisation power of SMMEs

Through targeted policies, awareness campaigns and collaborative efforts, we can harness small, medium and micro enterprises’ dynamism and pave the way for a more inclusive and…

South Africa’s emerging cannabis economy is in full swing.  Photo: Getty Images

SMMEs are key to the growth of South Africa’s cannabis industry

Almost a year after the president swore to advance the sector, the government is yet to finalise its master plan, giving big business the edge

Small businesses must be proactive in their tax affairs

There are numerous means by which errant taxpayers can start the new year on a clean slate

Analyses of racialised disparities in both labour and product markets illustrate the need for strengthened economic redress. Photo: Delwyn Verasamy/M&G

Getting post-Covid recovery right

Existing requirements for infrastructure spending, that require 30% of the budget to be spent on local small businesses, incentivises failure. Better to split the budgets and let…

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)

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

Khosi Tyobeka is the head of Zimasa Travel, which gets tourists to their destinations in style

Investing in relationships

Small companies are able to customise experiences and build critical relationships

Namhla Mayeki, business relationship manager at Tsheola Dinare Tours and Transport, says Meetings Africa is the perfect event for networking and boosting your business

Fast-moving travel solutions

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

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)

South Africa’s entrepreneurs remain elusive

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

(John McCann/M&G)

SMEs hobbled by funding gap

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

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.

Letters to the Editor: June 22 to 28

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

Gauteng premier David Makhura. (Oupa Nkosi/M&G)

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

Any discussion about black economic empowerment must weigh up its benefits, addressing historical injustices and the costs of not transforming the economy. Photo: File

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.

Gigaba: If the funding for small businesses could be accessible

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”

Minister Lindiwe Zulu says radical steps are needed to build up black-owned small businesses.

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.

Change: The president of the South African Spaza and Tuckshop Association

Small enterprises are embracing a new inclusive business model

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

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.