Between 12- and 24-million ecommerce sites exist across the globe, according to Shopify's 2022 Future of Commerce Trend Report. Unpacking how local entrepreneurs can grow and scale their own ecommerce businesses amid increasing competition, the PayFast eCommerce Virtual Summit will take place from 26 to 29 May 2022.

Five years ago, Cynthia Mokgobu started a tiny farming operation in her backyard in the Limpopo village of Bochum. Today, she’s supplying vegetables to markets as far afield as Gauteng, and is well on her way to realising her dream of becoming a fully-fledged potato farmer and ensuring food security for her entire village.

From till-packer to owner of a supermarket in one of South Africa’s biggest retail networks, Shadreck Siziba’s business journey has taken him to the top of the class in the Small Business Academy (SBA) development programme for township entrepreneurs run by the University of Stellenbosch School (USB).

Starting a business and keeping it going can be a bit tricky, especially when you're doing it by yourself. Dr Antje Hargarter, head of Stadio School of Commerce, shares 3 business tips to help aspiring entrepreneurs. 

The False Bay TVET College, Centre for Entrepreneurship (CfE) applied for an innovative project of incubating 20 young entrepreneurs late in 2020 and were awarded this in January 2021.

To help educate and grow entrepreneurs, Engen Petroleum have partnered
with Raizcorp to bring the Pitch and Polish programme to cities and towns across
South Africa, for the fifth time.

New research shows high-growth ideas are going to waste as early-stage
organisations struggle to find suitable investors. As a result the majority of
early-stage, high-growth organisations on the continent are failing.

As emerging markets continue to struggle with the economic downturn, it has
become evident that South Africa cannot solely rely on private and public
enterprises to resolve the unemployment crisis.

Developing entrepreneurs has long been discussed as one possible solution
to the frightening rate of unemployment, particularly amongst the South
African youth and unemployed graduates.

Small businesses create employment for more than two thirds of workers in
South Africa, for this reason it is critical that greater support structures are
put in place to ensure their survival.

Entrepreneurship is an important tool in the quest to alleviate unemployment
and empower communities in South Africa and is being recommended by
both business and political leaders.

A social venture is bringing skills and learnings from businesses in all stages of
development and emergence to South Africa, with the goal of effecting very
real change for non-profit organisations.

A Centre for Entrepreneurship (CEF), which will help to develop local
entrepreneurs, has been launched at the King Hintsa FET College for
Agriculture in Butterworth, Eastern Cape.

While entrepreneurship is increasingly recognised as a broad-based driver of economic
growth and societal well-being - not enough is being done to support women
entrepreneurs, who are one of the most under-utilised resources in the
entrepreneurship ecosystem.

Nokuthula Dladla is now the founder of Megaphase Road Marking and Traffic Signs
and is a nominee for the eThekwini Metro Municipality backed Women in Business
Awards 2013 talks about her humble beginnings.

Do you think you're too old to start your own business? Research shows that age and
experience are an advantage to stepping out on your own and that the majority of
business founders are in fact, middle-aged.

Budding entrepreneurs will receive the opportunity to gain a thorough understanding
of entrepreneurship and personal leadership if they are chosen to participate in the
FIELD Entrepreneurial Development Programme.

More than 30 engineering and computer science students developed real-world mobile
service start-ups as well as implemented well-researched technology and business
plans as a result of the s "Accelerating IT Innovation' entrepreneurship programme.

Research shows that young people are three times more likely to be unemployed. The
African Economic Outlook 2012 report concurs that youth unemployment figures will
increase unless Africa moves swiftly to make youth employment a priority.

South Africa often lauds itself as having a flourishing small and informal business
sector. The truth, according to the latest Global Entrepreneurship Monitor (GEM)
survey for the country, is that this perception is radically different from the reality.
Jim Freeman compiled a two-part report exclusively for the Skills Portal.