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Hlayisani Growth Fund successfully secures R350m

Hlayisani Growth Fund (HGF) has announced its first close at R350m to invest into high-growth, high-impact businesses...

1 day ago

Deadline for Tony Elumelu Foundation Entrepreneurship Programme nears

The Tony Elumelu Foundation (TEF) is calling for applications for its 2021 TEF Entrepreneurship Programme. With the deadline fast approaching on 31 March 2021...

3 days ago

NEF launches an Economic Distress Fund

The National Empowerment Fund (NEF) in partnership with the Department of Trade, Industry and Competition (the dtic) has established an Economic Distress Fund to provide concessionary business loans to Black-owned and managed enterprises...

3 days ago

SME Financing 101: Knowing your options is key

Small and medium enterprises (SME) owners across the country gave a unified sigh of relief, as certain lockdown restrictions were eased in South Africa earlier this month...

11 Feb 2021

10 fintech startups revealed for AlphaCode's R10m support programme

The AlphaCode Incubate programme provides funding, guidance from performance coaches and a panel of advisory experts, access to AlphaCode's co-working space, and opportunities to apply for further early-stage investment...

1 Feb 2021

Rethinking entrepreneurship in 2021

Almost 80% of SMEs (Small and Medium Enterprises) in South Africa fail within the first three years. This statistic presents a staggering blow to the South African economy, which is invested in the crucial role of SMEs in stimulating economic growth and providing relief from a shockingly high unemployment rate...

Issued by Wits Plus 27 Jan 2021

Endeavor SA's entrepreneurs raise 4x capital YOY

Despite prolonged global market uncertainty, Endeavor South Africa has reported significant growth in their portfolio of disruptive tech businesses...

26 Jan 2021

5 tips for business continuity in 2021

By the time you read this, South Africa would have been in a state of lockdown for more than 300 days, and there is no end in sight; here or globally...

By Stefano Migliore 22 Jan 2021

Small business scam alert

The Department of Small Business Development (DSBD) has warned SMMEs and co-operatives against sending proposals and paying administration fees for the preapproval of funds to agencies...

21 Jan 2021

Jua Kickstarter Fund for African entrepreneurs doubles to R30m

The Jua Kickstarter Fund has doubled to $2m (R30m). The fund was launched by African industrialist Adam Molai in November 2020 with $1m available for African entrepreneurs...

15 Jan 2021

Section 12J funds are key to revive SA's economy

Section 12J funds are playing a crucial role in the re-booting of South Africa's economy by creating employment opportunities and saving businesses, while at the same time facilitating significant tax benefits to investors...

14 Jan 2021

When is the best time to borrow money for your small business?

Small businesses face many challenges: Access to working capital is one of them. There is the perception out there that borrowing money is a last resort, but lending can actually be a very strategic move...

14 Jan 2021

#BizTrends2021: 4 strategies to rethink investing in SMEs

Last year proved that SMEs are the backbone of the South African economy. Yet, existing debt, lack of cash reserves, outdated financials, and an inability to operate during the national lockdown, forced almost half of South African small businesses to shut down...

By Kuhle Mnisi 11 Jan 2021

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