Tag: Small and Medium Enterprise (SME)

For most Small and Medium Enterprise (SME), funding and loans are vital to their ability to purchase equipment, expand the business and maintain cash flow through challenging times. But to maximise their chances of getting the loan, it’s vital that that they do their homework before approaching a funder.

If South Africa is to successfully drive job creation and achieve sustainable economic growth, the key is to enable large corporate support for Small and Medium Enterprises (SMEs). The small business sector is instrumental to creating an inclusive economy and a better life for the previously marginalised.

CloudCap is an innovative new investment portal with proven returns of between 18 and 21% per annum, in full compliance with South African financial regulations. It allows you to invest in a range of start-ups and established companies in cutting edge and disruptive industries like artificial intelligence, medical technologies and fintech. 

Urban logistics as a subsector has benefited from the surge in online shopping and the demand for ever-shorter delivery times. While the pandemic has driven sustained and unprecedented disruption of property as an asset class, self-storage has emerged as a resilient sub-sector.

As calm steadily returns after the recent social unrest, analysts are hard at work tallying the cost of the looting and disruption to economic activity. So far, the damage to 2021 growth is estimated at between 0.5 and 1.0 percentage points.

The world has a serious problem that puts the digital era in harm's way. Numerous South African businesses have fallen prey to a new ransomware attack, joining many more globally.

As we navigate the turmoil and disruption caused by the COVID-19 pandemic, all eyes are on keeping each other safe while preparing for a post-pandemic world. The custodians of this post-pandemic future are young people – and when one considers that the official unemployment rate for people under 35 in South Africa is 46.3%, the urgency of meaningful and sustained youth empowerment cannot be understated.

As global governments seek to lead the way in building back stronger, more resilient and interconnected economies, facilitating accelerated digitalisation for business will be mission critical. The pace of evolution as necessitated by the events of 2020 provided a glimpse of what is possible - we now stand at a critical juncture, with the available tools to truly revitalise and reimagine vital industries.

A closer look at businesses who managed to pivot, highlighting the true resilience of South Africa’s SMEs. It has been more than a year since South Africa’s nationwide lockdown was implemented in response to the global COVID-19 pandemic.

The global economic landscape has undergone a seismic shift since the arrival of COVID-19 over a year ago. However, while the pandemic caused significant business challenges, it also triggered and accelerated many innovations as organisations adapted to change, often simply to survive.