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Small Business

A free-to-use web tool, which helps smaller businesses with labour relations processes and matters, has gone live.

The power of small enterprises to improve the lives of families and communities was demonstrated when 27 small business owners from low-income areas of greater Cape Town graduated from the sponsored Small Business Academy (SBA) programme of the University of Stellenbosch Business School (USB) yesterday [ 4 December 2018].

Do you want to develop your entrepreneurial mind-set? Are you a young aspiring entrepreneur? Applications are open for the Raymond Ackerman Academy.

South African SMEs (small and medium enterprises) are estimated to represent 90% of formal businesses, provide employment to about 60% of the labour force and contribute approximately 34% of the country’s GDP.

People often ask “are entrepreneurs born or are they made?” 

“At its core, entrepreneurship is not an ability but a life decision,” says Rob Stokes, Chairman of the Red & Yellow Creative School of Business.

Undaunted by a lack of support for female entrepreneurs in Cape Town's townships, a group of Khayelitsha businesswomen simply set up their own organisation to empower women making their way in business in one of South Africa's largest townships.

Today, Seed Academy reveals the State of Entrepreneurship in South Africa after surveying more than 1000 entrepreneurs across the county.

AlphaCode, an incubation, acceleration and investment vehicle for early-stage financial services businesses powered by Rand Merchant Investment Holdings (RMI) is looking for businesses or ideas that could change the face of financial services

A Gugulethu-based street apparel business, TSquaredSA, scooped the top prize at this year’s YouthStartCT entrepreneur competition. Thabiso Mokomele, founder of TSquaredSA beat 160 hopefuls, taking home cash, a laptop and printer, and loads of other prizes. 

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