I have found that the biggest mistake small businesses make isn’t deliberately breaking labour laws but rather on executing processes ad hoc. If these practices are not formally documented and adopted, small businesses have nothing to fall back on when…
If you are running an innovative startup in South Africa and you are looking for funding that does not require you to give away equity, the develoPPP Ventures programme is worth your immediate attention. This non-diluting startup funding is approximately…
African businesses working in the circular economy space now have a compelling opportunity to compete for a share of $2 million in total prize funding (About R34 million), including a $1 million Grand Prize (about R17 million). The Milken-Motsepe Prize…
Township entrepreneurs across South Africa now have an extraordinary opportunity to get funded through the 2026 Standard Bank Kasi SME National Pitch Challenge. With a grand prize of R1 million up for grabs, this competition is one of the most…
If you’ve been turned down for a business loan or can’t afford the high interest rates commercial banks charge, here’s something you need to know: the same banks that rejected your loan application can probably provide you with a cheaper,…
Can a director be removed for neglecting their duties? A recent South African Companies Tribunal case highlights the serious consequences when directors fail their fiduciary responsibilities. This compelling case study reveals how a business was left vulnerable due to a director's divided commitments—and how the legal system intervened. Learn key lessons on corporate governance, fiduciary duty, and director accountability. Read more to protect your business from similar risks!
Discover how small businesses in Gauteng can apply for funding to adopt resource-efficient technologies. Learn about eligibility, benefits, and how to submit your application by 29 January 2025.
Small businesses are encouraged to apply for the SEDFA Asset Assist Programme for SMEs to get funding for selected equipment and working capital. The program aims to provide assistance to Small, Medium, and Micro Enterprises (SMMEs) by providing them with funding to purchase equipment for starting operations or for increasing production. The Asset Assist Programme is specifically targeting machinery, equipment, and procurement of raw materials.
It is not complicated for small businesses to comply with Value-added Tax (VAT) regulations at the South African Revenue Service (SARS) and to conclude a SARS VAT Audit. You file your VAT 201 return on time, make an immediate payment…
Setting up a domain, email and website is not as difficult as before. In this article, we will show how to set up a professional email address and website costs as little as R200 once off and thereafter a minimum of R70 a month in hosting fees.
Small businesses, no matter how small, should get a professional email address and website. With increasing competition, it is becoming more important for businesses to pay attention to what and how they communicate.
Tshwane University of Technology’s Institute for the Future of Work and ANZA Capital have come together to develop the ANZA-TUT Future Tech Challenge . The objective is to identify startups for funding, as well as to provide support to through a development phase in order to significantly improve their chances of success. The initiative is primarily looking at tech entrepreneurs and will select up to 3 startups for this initial programme.
BRICS Women’s Business Alliance Startup Contest is aimed at stimulating the participation of women in entrepreneurial activities by identifying, supporting, and promoting women’s startups. The contest is particularly looking at startups that are innovative and that have potential to scale globally to countries within and beyond the alliance countries.
Africa’s Business Heroes aims to inspire, train, and support entrepreneurs to build businesses that can create development and economic opportunities on the continent.
The Pitch and Polish competition is a great opportunity for entrepreneurs to win prizes worth R1 million to use towards growing their business. The competition is sponsored by Nedbank and in partnership with Raizcorp, a business incubator, for promotion and execution. There is no specific mandate in terms of sectors that are targeted, and this means that all business owners may participate.
Innocentia Mahlatse Mamaila's story is more than just a business success story for Ino Biodiesel. Her business produces biodiesel from used cooking oil and this is essentially a renewable substitute for petroleum. Her accomplishment exemplifies the power of harnessing innovation, environmental concerns and entrepreneurial spirit around a business idea. Ino Biodiesel stands as a great example for black and female entrepreneurs to look to manufacturing as a viable and worthwhile business to start.
Starting a business and registering a company are not necessarily the same activity. If you know the difference, you will understand why you need not be in a hurry to register a company. It is because the activities that are required to keep a registered company compliant can be time consuming and may not be worthwhile during the early stages of the businesses.
Small businesses are encouraged to apply for the SEDA Asset Funding for SMEs to acquire capital to fund selected equipment as well as working capital. The program aims to provide assistance to Small, Medium, and Micro Enterprises (SMMEs) by providing them with funding to purchase equipment for starting operations or for increasing production. The SEDA Asset Funding for SMEs is specifically targeting machinery, equipment, and procurement of raw materials.
Norrsken Accelerator offers $125k funding and an intensive mentorship programme to 20 early-stage startups to build and scale purpose-driven businesses. Selected startups will complete a highly targeted 8-week mentorship programme in Stockholm, Sweden, starting from July 2024.
Moove, a mobility fintech company, facilitates vehicle ownership for last-mile delivery and e-hailing entrepreneurs through its innovative Drive-to-Own model. Founded in 2020 by Ladi Delano and Jide Odunsi,
