Latest newsThe cost of load shedding in South Africa has exceeded an estimated R1.2tn - notwithstanding the losses accumulated during the current financial year. Some of this financial impact has been shouldered by the thousands of small businesses which are the backbone of the economy. The real cost of load shedding, however, goes beyond just rands and cents - the energy crisis continues to have a profoundly negative impact on the overall morale and productivity levels of the country's employees. 30 May 2023 Read more While small businesses may very well be the unsung heroes of the South African economy, their contribution to national development is unmistakable. Creating an enabling environment for entrepreneurship is therefore not only good for business but it is also necessary to build a more equitable and prosperous economy. 8 May 2023 Read more Did you know that J.K Rowling, world-renowned author of the Harry Potter series was rejected 12 times before a publisher agreed to publish her work? Or that Steven Spielberg was rejected several times by the University of Southern California before being successfully admitted as a cinematic arts student? 5 May 2023 Read more The escalation of the energy crisis in South Africa, which has brought with it the onset of indefinite stage 6 loadshedding, has had an eroding effect on business confidence. Across all indicators, the confidence of small- to medium-sized enterprises (SMEs) has plummeted once more after following an upward trajectory in the lead up to the end of 2022. Hopes of making a comeback will rely on the ability of small businesses to divert to alternative sources of energy. 4 May 2023 Read more According to data published by the South African Reserve Bank, the accumulative loss of stage six load shedding amounts to between R204mn to R900m per day. A proportion of these losses are incurred by the thousands of small businesses who simply do not have the resources to install backup sources of energy to continue operations during power cuts. In a bid to provide business owners with much needed relief and finance to invest in viable alternatives, Business Partners Limited has today launched a R400m Energy Fund for small- to medium-sized enterprises (SMEs). 21 Apr 2023 Read more
More news...Contact Business Partners LimitedTel: 0861 763 346
Email: az.oc.srentrapssenisub@seiriuqne
Website: www.businesspartners.co.za
Frequently Asked Questions: www.businesspartners.co.za/info-hub |
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