Naledzani Mosomane | Head | ESD | Business and Commercial Banking | Standard Bank | mail me |
Despite meaningful progress in women’s participation in the economy, many women-led businesses across South Africa still face persistent challenges. These include limited access to markets and networks, as well as barriers in securing funding and digital tools.
I witnessed these challenges highlighted at the Women Trade Intervention Dialogue, held on Friday, 1 August 2025 at the Sandton Convention Centre. The Department of Women, Youth and Persons with Disabilities hosted the event alongside a number of partners. The gathering launched the national Women’s Month calendar and created a platform for women-owned businesses to trade, connect, and grow.
Breaking barriers for women in business
Among the exhibitors were more than 25 women-led enterprises supported through the Enterprise and Supplier Development (ESD) programme.
The exhibitors had the opportunity to showcase their offerings and engage with potential customers. They also gained visibility that could open new growth opportunities. This event was a clear example of breaking barriers for women through collaboration and collective effort.
During the day, a live pitch challenge invited six women entrepreneurs to present their businesses to a panel of judges. Two winners walked away with R10,000 each in funding to support their growth ambitions. This challenge highlighted the quality and innovation among women-led enterprises.
Financial backing at critical stages of business development
The live pitch exercise also reinforced the need for financial backing at critical stages of business development. These efforts are crucial in breaking barriers for women and giving them a stronger foothold in the economy.
For example, to further support trading capability, we equipped all participating businesses with our point-of-sale (POS) devices at no rental cost. These tools enabled seamless digital payments. They also removed the burden of upfront capital, which is often an overlooked barrier for many small enterprises. This illustrate how practical resources and structured support contribute to breaking barriers for women.
This initiative forms part of a broader mission to support inclusive economic participation. With South Africa holding the G20 Presidency this year, there is renewed urgency to elevate women-led businesses. Ensuring they are meaningfully included in economic growth strategies is essential.
In conclusion
The event highlighted the importance of networks, mentorship and shared learning. Collective efforts from multiple stakeholders, including industry leaders, government and peers, are crucial to providing women entrepreneurs with the tools and connections needed to succeed.
If we want sustainable, inclusive growth, we must intentionally support and invest in women. These entrepreneurs are vital to their communities and to South Africa’s economic future. The message is clear: breaking barriers for women requires a united, collective effort from all sectors of society.
