SME - SA

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SME South Africa | Profiles

We are a monthly newspaper featuring SME news in South Africa as well as in the region and globally. Dedicated totally to SMEs, we cover news, updates, and developments that are relevant to SMEs

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Middle-class debt trap

Declining increases in income, high levels of debt repayment, an increasing tax burden, and escalating electricity and transport costs are all conflating to create a vice-like squeeze on the pockets of the middle class, which account for 60% of South Africa’s household debt despite representing only 25% of the population. Add a comment

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1time airline blacks out, goes for liquidation

EMBATTLED budget airline 1time on Friday filed for liquidation and suspended its operations, CEO Blacky Komani said, leaving passengers stranded at airports around South Africa and others holding worthless tickets ahead of the festive season. Add a comment

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High costs ‘causing businesses to close down’

THE devastating effect on the economy of high administered prices — especially the electricity tariffs charged by Eskom and municipalities — was highlighted by the government and business organisations in Parliament this week. Add a comment

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Johannesburg officials held for R10m scam

Johannesburg - Five City of Johannesburg employees have been arrested for fraud and theft, the municipality said on Wednesday. Add a comment

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Locals must benefit from mining, says Turok

Economics Professor and ANC Member of Parliament Ben Turok has called for the overhauling of South Africa's mining legislation in favour of locals instead of foreign-owned mining companies. Add a comment

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Make your SME export ready

HAVING attended two trade shows this year, I know that small and medium enterprises (SMEs) need help when it comes to exports. Add a comment

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Entrepreneurs Beware Investor Negotiation Ploys

Every entrepreneur seeking funding loves the challenge of getting customers and investors excited, but dreads the thought of negotiating the terms of a deal with potential investors. They are naturally reluctant to step out of the friendly and familiar business territory into the unfamiliar battlefield of venture capitalists from which few escape unscathed. Add a comment

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Insolvent 1time ‘plans R80m rights issue’

INSOLVENT 1 time Holdings hopes to raise R60m -R80m from its shareholders through a rights issue, according to a business rescue plan presented to creditors this week. Add a comment

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Empowering women – Madelein Mkunu

After 13 years in the financial administration field, Madelein Mkunu moved towards women’s leadership and empowerment. 

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