A Stronger Rand: A Boost for South African SMEs

The South African rand has been on a winning streak, reaching a 20-month high against the US dollar. This strengthening currency is not only good news for consumers but also for Small and Medium Enterprises (SMEs) across the country. Understanding the Rand’s Rally Several factors are contributing to the rand’s impressive performance. One of […]
2024: A Year of Challenges and Turmoil for SA SME’s

The year 2024 has been a whirlwind of challenges for South African businesses, particularly Small and Medium-sized Enterprises (SMEs). A combination of political, sporting, and economic factors has created a challenging environment for many entrepreneurs. From the national elections and the FIFA World Cup to the ongoing loadshedding crisis, SMEs have had to navigate a […]
South Africa’s Entrepreneurial SME’s are Navigating a Stormy Sea

South Africa has a vibrant entrepreneurial landscape, with countless SMEs emerging every year. However, these businesses often encounter significant hurdles that threaten their survival and growth. Access to Finance: A Choking Point for SMEs One of the most pressing challenges facing South African SMEs is access to finance. Traditional lenders often perceive these businesses as […]
The Vital Role of SMEs in South Africa’s Economy

Small and Medium-sized Enterprises (SMEs) play a crucial and indispensable role in driving economic growth and development in South Africa. These enterprises, often referred to as the backbone of the economy, contribute significantly to job creation, innovation, and overall prosperity. In this article, we will delve into how SMEs in South Africa are a boon […]
The Global Trend of Alternative Funding: Powering SME Growth in South Africa

The landscape of SMEs in South Africa is witnessing a transformation, with an increasing shift towards alternative funding. Traditional financing avenues have often proven to be challenging for SMEs to access, hindering their growth potential. However, the emergence of alternative funding companies is bringing new hope to these businesses, offering a range of benefits that […]
Supporting SME’s to sustain the SA economy

At the start of the pandemic, the first SME businesses to start to collapse were the mom and pop stores. The businesses that supported a single household or family. Next on the list were the slightly larger companies, restaurants, salons, and service-based businesses. You only need to walk through a mall today to see the […]