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 | The Eastern Cape Development Corporation (ECDC) has launched a R50m blended finance scheme for SME automotive component suppliers... read |
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| Funding |
 | Africanbank Group reported a net profit of R203m, a 38% increase in customers to 5.7 million, and a 40% reduction in impairments... Read |
| Small and Medium-sized Enterprises |
 | The Road Freight SME Summit recently hosted an enlightening masterclass webinar featuring two industry stalwarts: Oliver Naidoo, Managing Director of JC Auditors, and Phuti Semenya, CA(SA), founder of Maysene Logistics. Read |
 | Dubai Internet City showcased homegrown entrepreneurial excellence at GITEX Africa in Morocco; The globally influential tech hub has led the Middle East’s digital transformation drive for 25 years... Read |
 | ISSUED BY BUSINESS PARTNERS LIMITED Small businesses have been put through the wringer in recent years... Read |
 | ISSUED BY SME SOUTH AFRICA SME South Africa integrated the award-winning on-demand consulting platform Startwise into its main platform as SME Advice. This brings entrepreneurs access to information and resources all in one place... Read |
| Starting Up |
 | ISSUED BY BUSINESS PARTNERS LIMITED ‘Blind optimists.’ That’s what entrepreneurs have been referred to throughout history – and for good reason... Read |
| Africa |
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 | KATJA HAMILTON African Bank's IPO journey reflects resilience, adaptability, and expansion, transitioning from micro-lender to retail and commercial bank, fortifying industry presence... Read |
 | SHAN RADCLIFFE This Africa Month welcomed the launch of #AfricaJobsBoard - an online initiative run by non-profit Afrorama that aims to connect social impact jobseekers with opportunities and organisations across Africa... Read |
| Business |
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 | The price adjustments are expected to take effect tomorrow, 5 June... Read |
 | ANAIT MIRIDZHANIAN AND JOE BAVIER For the first time in South Africa's democratic era, the ANC will have to seek one or more coalition partners to govern with after it fell well short of a majority in last week's national election... Read |
 | With the Revenue Laws Amendment Bill signed on 1 June, the Pension Funds Amendment Bill is imminent, confirming the Two-Pot retirement system roll-out on 1 September... Read |
 | The prospect of South Africa's first post-apartheid coalition government may unsettle markets, but a pro-business Democratic Alliance deal could reassure investors... Read |
 | In light of South Africa’s General Election, Old Mutual advises investors to stay resilient, avoid hasty decisions, and maintain long-term strategies... Read |
 | The MPC kept interest rates at 8.25% (repo) and 11.75% (prime), disappointing South Africans... Read |
 | RAYMOND PARSONS The Sarb's MPC kept interest rates unchanged for the sixth time this year, predicting balanced inflation risks and maintaining a 1.2% GDP growth forecast for 2024... Read |
 | ANDRE CILLIERS The rand weakened 1.8% due to ANC coalition fears, trading at 18.81 per dollar, 20.35 per euro, and 23.94 per pound... Read |
 | In 2024, over 20% of the global population will vote in 40+ elections, increasing market volatility... Read |
 | JENNIFER RIGBY AND LUDWIG BURGER BioNTech secures $145m for Africa vaccine production. Plans to combat diseases like malaria. Cepi accelerates Kigali plant; emergency response ready... Read |
 | South Africa's pivotal 29 May election is poised to shape its economic future, with potential coalitions influencing growth, investment, and governance amid global uncertainties... Read |
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 | The Noise Factory: A Johannesburg-based boutique PR agency crafting insightful, impactful, and culture-driven campaigns that amplify authentic brands across the SADC Region. |
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