Endeavor provides high-impact entrepreneurs with the access to talent, market connections and capital they need to create scalable, global organisations.
Building a business is not much of a fairytale, but it can be one of the best journeys ever. While it is often stressful, small businesses are often crafted with a personal passion and more often than not, these same businesses support the livelihood of a family, making its success vital.
It has been a difficult year for South Africa. In September the World Bank downgraded South Africa’s 2017 growth forecast to 0.6 percent, down from 1.1 percent at the beginning of the year. To get ahead the South African economy is in urgent need of more entrepreneurs to boost growth, foster innovation, and aid in job creation. The reality is that much more must be done to create an enabling environment for entrepreneurship to truly flourish.
Acknowledging the innovation, grit and determination shown by all to build a better South Africa
While the South African economy is subdued, there are many small and medium (SME) businesses working tirelessly to succeed, grow and positively impact the struggling business landscape. In an effort to motivate and grow the SME sector, The National Small Business Chamber (NSBC), in association with World Famous Events, has today announced South Africa’s 2017 Top 20 Small Business and Entrepreneurship Award recipients.
In a first for the banking sector, Nedbank is offering business registrations together with black economic empowerment (BEE) affidavits or certificates, endorsed by the Department of Trade and Industry (dti), in one seamless process for new businesses with an annual turnover of less than R10 million.
South Africa’s GDP growth for 2017 was rather optimistically projected by treasury to reach 1.3. We’re currently sitting on 0.7% GDP growth for 2017, on par with Brazil and Belarus. Brazil is recovering from a recession and faces political uncertainty, while Belarus has a population that’s a sixth of the size of South Africa. South Africa’s flirtation with balance and nonchalant political stability is worrying as expanded unemployment, which includes discouraged workers, reaches 36.6%
2017: SME employment pressure rising
NSBC releases findings of the 2017 National Small Business Survey
Applications now open for SA’s most impactful fully-funded business accelerator
Seed Academy in partnership with WDB is calling on young, black female-owned businesses to fast track their success through AccelerateHer – a three-month business accelerator sponsored by Shell Downstream South Africa.
Huawei’s big data analytics platform FusionInsight-Universe Analytics received the ‘Most Innovative Data Governance Solution’ award at the Telco Big Data Analytics Summit Euro 2017, hosted by Informa and Telefonica in Spain last week.
Ending off its 9th year, The National Small Business Chamber (NSBC), in association with World Famous Events, has today announced South Africa’s 2017 Top 20 Small Business & Entrepreneurship Award recipients and finalists. These prestigious awards have gathered a diverse range of entries all with one thing in common, a driving entrepreneurial force.
South Africa’s business rescue legislation offers companies a lifeline when it comes to defaulting creditors, but they need to understand how the process works to reap the maximum benefit, says Debtsource CEO Frank Knight.