Press releases

Local SMEs resurface upbeat for business growth in 2017

77% of South African small and medium enterprise (SME) owners surveyed in the fourth quarter 2016 Business Partners Limited SME Index believe that 2017 will yield greater growth for their businesses than 2016. The survey measured the attitude and confidence levels of South African SME owners across various sectors of the economy. In addition, for the first time in about two years (quarter 2 of 2014), all seven of the survey’s broader confi...
More

Economic and political certainty necessary for SME growth

South Africa’s small and medium enterprises (SMEs) require a less volatile business environment if they are to grow and continue creating employment opportunities. The current challenging economic landscape – which is compounded by economic uncertainty caused by the potential ratings downgrade and the increasing uncertainty around the pivotal role of the finance minister – is rapidly eroding the South African business owners&rsquo...
More

Public-private sector action needed to boost SME confidence

Economic conditions continue to strain the operating environment for small and medium enterprises (SMEs), and unless the private sector and Government work more closely together to create a more conducive business environment, confidence levels amongst business owners will continue to lag. [caption id="attachment_4645" align="alignleft" width="300"]...
More

Deflated SME confidence levels result of economic uncertainty

In the current economic landscape, South African businesses find themselves fighting to overcome one headwind after the next. This constantly changing environment is negatively impacting small and medium enterprises (SMEs) and business owners’ growth projections for 2016. As a result SMEs’ confidence levels about economic and business growth declined significantly in the last quarter. This is according to Ben Bierman, Chief Financial Offic...
More

Tough economic conditions keep SA SME owners awake, index reveals

Small and medium enterprise (SME) owners’ confidence levels that the South African economy will be conducive for business growth in the next 12 months has declined for the second successive quarter. And, SMEs surveyed have almost unanimously indicated that their main challenges in the next 6 to 12 months would be economic conditions, cash flow and funding. But, it doesn’t seem to be all doom and gloom: Business owners, surveyed during the th...
More

SMEs remain positive about growth but hesitant to hire more staff

South African small and medium enterprise (SME) owners reported a slight decline in confidence levels for the second quarter of 2015, but remain optimistic about business growth in the next 12-months. However, despite this level of optimism, half of these business owners have not employed new staff in the last 12-months, pointing to possible muted growth expectations for the SME sector. [caption id="attachment_4165" align="alignleft" width="300"...
More

SMEs remain upbeat despite increasing economic woes

The latest Business Partners Limited SME Index (BPLSI), which measures attitudes and confidence levels among South Africa’s small and medium enterprises (SMEs) owners, reported record average confidence levels of 81% that their business will grow in the next 12 months during the first quarter 2015 BPLSI – an increase of 7 percentage point quarter-on-quarter (q/q) and 8 percentage point year-on-year (y/y). Ben Bierman, the CFO of Business Par...
More

Poor economic conditions impact confidence levels of SA SMEs

Local small and medium enterprise (SME) owners continue to be apprehensive about the regulatory and economic challenges facing the sector and country as a whole. This is according to the fourth quarter 2014 Business Partners Limited SME Index (BPLSI), which measures attitudes and confidence levels among local SME owners. SMEs conveyed an average confidence level of 53% that the South African economy will be conducive for business growth in 2015 ...
More

Load shedding impacts SME confidence levels in SA

Heading into 2015, South African Small and Medium Enterprise (SME) owners are cautiously optimistic that the current economic environment is conducive for business growth, but factors, such as the country’s constrained power supply, are impacting confidence levels. This is according to Gerrie van Biljon, executive director of Business Partners Limited (BUSINESS/PARTNERS), speaking on the third quarter 2014 Business Partners Limited SME Index (B...
More

SME owners remain resilient despite challenging SA conditions

Despite the current challenging economic conditions that small and medium enterprises (SMEs) have experienced over the past few months, many SME owners remain positive about trading conditions in South Africa. This is according to the 2014 second quarter Business Partners Limited SME Index (BPLSI), which measures attitudes and confidence levels among local SME owners. Business owners across various industries expressed average confidence levels ...
More