Faster funding process needed for SA’s SMEs

One of the biggest pain points for South African SMEs trying to grow in a tough market is that the funding process just takes too long: generally, between 2-3 months, with some funders taking as long as 9 months, says the chief executive of one of the country’s leading SME finance specialists, Spartan SME Finance. […]

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Seasonal SMEs: Don’t spend your extra cash all at once

Save a portion of festive season profits for an emergency fund The festive season is a time when many seasonal small and medium enterprises (SMEs) reap the rewards of increased consumer spending, such as additional sales and accommodation bookings from the influx of holiday makers and festive season shoppers. This spike in earnings offers the […]

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The opportunities for SMEs in a recession

While South Africa has entered a technical recession, we believe that already established small and medium enterprises (SMEs) in the country will have more to gain from continuing to conduct business introducing initiatives for improving business efficiency, instead of trying to recession-proof their operations with drastic measures such as downsizing staff and the like. However, […]

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Five tips to avoid penalties for failing to file your company’s income tax return

If your small business’s income tax returns are not up to date, now is the time to get your affairs in order. From December, the South African Revenue Service (SARS) will start imposing ‘administrative penalties’ on companies that receive final demands to submit returns. Unlike personal taxpayers, companies were not fined in the past for […]

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Latest Posts

Hints and Tips that will help you fight diabetes

8th November 2018 | No Comments

November is National Diabetes Month, a time when attention is focused on diabetes, how it impacts people’s lives and how to lower the risk of getting it. Diabetes is a long-term condition where a person has high blood glucose (blood sugar) either because the body does not respond properly to insulin or because the insulin […]

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How Persons with Disabilities Build Resilience in the Workplace

6th November 2018 | No Comments

Resilience is our capacity to recover from difficulties, our ability to bounce back from the problems we face. Psychologists are encouraging adults to foster resilience in children, as well as in themselves. It is highly applicable to persons with disabilities (PWDs) and to everyone in the workplace. If we have an attitude characterised by resilience, […]

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Local SMEs fly the SA flag high on international stage

6th November 2018 | No Comments

  Women-led Sayrx Engineering Group (SEG) and Pargo, a smart logistics company, have both been selected as Endeavor entrepreneurs at the recent Endeavor International Selection Panel (ISP) held in Brazil. The honour comes after the companies were selected as finalists in the 2018 instalment of the FNB Business Innovation Awards (FNB BIA), which enabled their […]

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FNB honoured as best business Bank in SA – 6 times in a row

4th November 2018 | No Comments

  FNB Business has once again been voted “SA’s Best Business Bank” in the 20th Annual Sunday Times Top Brands survey. This makes it the sixth year in a row that FNB Business wins this award. The Sunday Times Top Brands survey is the leading indicator of consumer and brand sentiment in the country. Mike […]

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Introducing Norick Interiors

22nd October 2018 | No Comments

A unique Chinese antiques supplier sheltering the only traditional tea house on the continent It was Lao Tzu, founder of Taoism, who was credited with the saying “tea is the elixir of life”, which is an ideology that South Africa has taken to heart over the last five centuries. Another lesser known epithet is that […]

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