Tag Archives: Entrepreneurship

New Gibs whitepaper: The Spinach King’s social enterprise scaling strategy during and post Covid-19 pandemic By Anastacia Mamabolo

Based in Gugulethu[1], Lufefe Nomjana established Espinaca[2] Innovations in 2011 anddue to the success of his enterprise, he was soon affectionally referred to as the SpinachKing. The purpose of his business venture was to raise awareness of healthy and affordablefood by offering nutritious bread and other food products made with spinach as a keyingredient. Nomjana […]
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This investor wants to invest R290m into 20 SA businesses. But they must be ‘revolutionary’(BI)

SA does not take startups seriously Though Akindele wants to do deals across the globe – as long as they benefit Africa – he is keen to invest in South African ventures. Platform Capital set up offices in Johannesburg nine months ago and aims to invest $20m in 20 South African businesses a year. The […]
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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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SA’s top 5 most employable skills (Moneyweb)

Information technology South Africa is renowned for its sporadic adoption of innovative technology. Even now, in the midst of the Fourth Industrial Revolution, we lag behind the rest of the world in this area. Employable skills (or the lack thereof) in this industry are no exception – of all the skills in demand in 2022, […]
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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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Government announces R15 billion Covid business ‘bounce-back’ scheme

A Budget Review document accompanying the speech reveals that government will, over the next three years, spend R721 billion to promote faster and sustained inclusive economic growth to address unemployment, poverty and inequality plaguing the country. In the 2022 Budget Review, Treasury said over the Medium Term Expenditure Framework (MTEF), expenditure would in this regard increase at an average […]
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Key trends and opportunities in the South African Construction Industry to 2025: Rebound forecast for 2022 (BW)

The construction industry in South Africa is expected to rebound in 2022, and expand by 9.1% in real terms. The industry will then stabilize at an annual average growth of 3.1% between 2023-2025, although output will not return pre-pandemic levels during the entire forecast period. The industry’s growth over the forecast period will, however, be […]
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Industry Experts: What we’d like to hear from SONA (iAfrica)

David Senker, Founder & CEO, The Business Exchange Support for entrepreneurs needs to feature high on the agenda of this year’s SONA. Entrepreneurs are the backbone of our economy and, with unemployment at a staggering 35%, we simply have to pull out all the stops to encourage entrepreneurship, and offer the relevant support, information, infrastructure and […]
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Plans in place to bolster tech SMMES (EWN)

Communications and Digital Technologies Department (DCDT) says it has a number of plans in place to bolster tech SMMEs, including new laws. While South Africa has been recognized on the international stage for some of the best tech start-ups, the consensus is that the government and the private should do more to support these SMMEs. […]
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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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