Soweto small businesses can alleviate poverty, improve livelihoods and create sustainable employment opportunities, according to Nedbank Soweto’s Client Manager for SMMEs, Sello Maphosa.

SMMEs should consider investing in their own energy storage solutions in light of load-shedding, which is here to stay for the foreseeable future, according to Business Unity SA’s Environment and Energy Manager Happy Khambule.

According to the document, the sector that most people are getting involved in is retail and wholesale, which includes the informal sector, coming in at 56.7%.

Ramaphosa was addressing delegates at the opening of the inaugural Black Industrialists and Exporters conference held at the Sandton Convention Centre in Johannesburg last week.

Inspired by both of their mothers’ determination to leave a legacy for their families, Ikaneng Khunoana and his girlfriend, Lesego Lesetedi, have decided to carve their own path.

The compliance that SMEs were compelled to adhere to in order to receive relief funding during the pandemic was too restrictive, according to Ben Bierman

Zebraah Paints, which manufactures paint, opened its doors in May and has faced a string of challenges that almost prevented it from launching.

According to Minister Barbara Creecy, the strategy will create a formalised game meat industry based on achieving the economies of scale that are necessary for commercial ventures based primarily on game meat production, harvesting and marketing.

SATSA slammed the government for its failure to resolve the absence of a board at the National Public Transport Regulator (NTPR), which is responsible for issuing operating licences and permits for tour operators.

City of Joburg Council Chair of Chairs, Colleen Makhubele, said this resulted in young entrepreneurs becoming frustrated because of a lack of opportunities and funding.

These measures are centred around ensuring that businesses owned by the youth, women and people living with disabilities become the centrepiece of this drive for economic revival.

According to Coca-Cola Beverages South Africa (CCBSA), Bizniz in a Box is dedicated to creating opportunities to integrate the youth into the economy.

According to the commission, Computicket entered into exclusive agreements with inventory providers from January 2013 to June 2018, which resulted in it being appointed as the sole provider of outsourced ticketing services.

The Informal Economy Development Forum is set to focus on six areas that concern informal traders, the informal economy and its labour force, and legislation.

According to the document, 6,500 new SMMEs will be created in the sector, there will be an additional 71,487 jobs, and animal production is set to expand by 611,000 tons.

Small Business Development Minister Stella Ndabeni-Abrahams told a mini plenary of the National Assembly last week that there would be better funding opportunities for small and medium businesses.

The Act is aimed at addressing the legacy apartheid left on Gauteng’s townships and is meant to open up new procurement and market opportunities for township businesses.

A recent study revealed that 56% of the respondents reported that they used the PEST (Political, Economic, Social and Technological) analysis model on their business and that 89% of them conducted a financial analysis of their businesses.