Small Business

The low survival rate of small businesses in South Africa has prompted the launch of
the Small Business Connect newspaper, which offers aspiring entrepreneurs the
information they need to be successful.

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.

The Oliver Empowerment Awards recognises contributions to economic transformation
and celebrates companies and individuals that are excelling in job creation,
entrepreneurship, and enterprise development.

Sefa will provide financial assistance to entrepreneurs aged between 18 and 35 years
old with the aim of boosting the small business sector. Minister of Economic
Development Ebrahim Patel outlines several large new industrial developments
during his budget vote speech.

The Small Enterprise Finance Agency plans to disburse over R737 million to more than 15 000 small firms with most of these micro enterprises by the end of the 2013/14 financial year. This funding will help create over 18 000 jobs.

A select group of black entrepreneurs will receive the opportunity to take part in a
two-year long programme sponsored by the ACUMEN programme established by
Investec and Raizcorp. Find out how you can apply.

South Africa is moving into a dangerous cycle of reactive recession, with fears about
drops in consumer spending seeing retailers no longer training staff as well as they did
in the past and that is leading to declining sales according to Liza van Wyk.

Small farmers in Mpumalanga will receive a boost when they start supplying food to selected government schools. The Mpumalanga Provincial government stated it wants to ensure that every small producer is given an opportunity to actively participate in the economy.

With such high failure rates reported amongst entrepreneurs and small business
ownerse it's not enough to increase the number of entrepreneurs in the country.
South Africa needs entrepreneurs that will actually succeed in their ventures.

Celebrating it's 25th anniversary, EO has an educational vision carried out by each chapter around the world that brings entrepreneurial members together, so that they can learn and grow from one another in both their work and personal lives.



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