Tag Archives: Entrepreneurs

MTN avails R1m to empower women-led SMMEs in SA (VB)

Ten women-owned small, medium and micro enterprises will benefit from a R1 million investment investment from the MTN SA Foundation. This, says the mobile giant, will enable innovation, entrepreneurship, and job creation for women in the digital economy. The inaugural 2022 MTN Women in Digital Business Challenge is specifically for less-established women-owned SMMEs who can […]
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Department of Tourism launches incubation programme for tech savvy entrepreneurs (IOL)

Digitalisation has the potential to open new frontiers and improve resource management efficiency and sector competitiveness in tourism, says the Department of Tourism. To this end the department in collaboration with the Technology Innovation Agency (TIA), an entity of the Department of Science and Innovation (DSI), today launched the Tourism Technology Grassroots Innovation Incubator Programme […]
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New GIBS article: The potential of crowdfunding to promote business in the context of an emerging economy by Alet Erasmus, Geoffrey Tocknell and Flip Schutte

Crowdfunding has the potential to change the historic standards of the financial services industry and reduce gaps between supply and demand economics. Over the past ten years, it has received increasing attention. However, the potential that crowdfunding holds in less fortunate economic contexts where SMEs are probably needed the most has not yet attracted the attention that it deserves. Acknowledging the influence of knowledge […]
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The battle of African female startups: For every $1 invested in women, $25 goes to men (News24)

Africa’s female entrepreneurs, like their US and European counterparts, are underrepresented when it comes to raising funds. Their startup journeys are also often a lot more arduous, say investors like Polo Leteka, co-founder of Alitheia IDF, the continent’s largest gender-led fund. The issues are “probably more pronounced here because we have more underlying problems”, said Leteka, pointing to her own experience with tapping […]
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There is nothing small about the impact small businesses have on our economy.(bizcommunity)

Small businesses and start-ups provide more than just jobs for community members. They also can improve innovation and productivity on a local level and use other businesses in the community such as accounting and IT, while larger businesses develop their own infrastructure. With more support, small businesses have the potential to breathe new life into […]
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Number of women business owners in South Africa on the rise (EN)

Despite the gender gap and the impact of the Covid-19 pandemic, women in South Africa are making progress as entrepreneurs, indicating a strong will and determination to survive, according to transaction services multinational Mastercard’s Index of Women Entrepreneurs (MIWE). The MIWE highlights the vast socioeconomic contributions of women entrepreneurs across the world, provides insight on […]
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Stricter transformation and BEE rules planned for South Africa’s banking and finance sector (BT)

The financial sector is a key contributor to the South African economy and is an important component in driving a transformation of the economy and ensuring greater inclusivity in economic activities, the regulator said. Since democracy, there has been some progress made toward both economic transformation in general and financial sector transformation specifically. However, it […]
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Popular Fintech launches online payment Gateway for small businesses (BT)

To a small business owner navigating the daily uncertainties of running a businesses, these online payment methods may not be worth it. As a result, small businesses are missing out on a rapidly growing market. But not all financial service providers are leaving these businesses to fend for themselves. iKhokha has stepped in with an […]
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B4SA still pushing for increased vaccine mandates(Business day)

Business for SA is preparing papers in a bid to get a high court declaratory order that would provide legal certainty. The body hopes to file the papers in the coming weeks, he said. Various estimates suggest 25% of South Africans are fully vaccinated against Covid-19, and business is of the firm view that inoculation […]
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SA is the leader in digitalisation across the MEA: Mastercard white paper on SMEs

The findings show that digitalisation is essential to unlocking a small business’s growth potential.  BUSINESS SA is the leader in digitalisation across the MEA: Mastercard white paper on SMEs (BL) The findings show that digitalization is essential to unlocking a small business’s growth potential More than 60% of SA SMEs believe e-commerce will have a […]
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