Sign In

 Media releases - South Africa

 

 

 

Improving gender diversity key for success in uncertain timeshttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/improving-gender-diversity-key-for-success-in-uncertain-timesImproving gender diversity key for success in uncertain timesGender diversity is vital for business success in an environment of increasing uncertainty. As the country celebrates women during August, Kgomotso Ramoenyane, Executive General Manager of Human Resources at Business Partners Limited (BUSINESS/PARTNERS), says that small and medium enterprises (SMEs) can benefit significantly from improving gender diversity in their companies because of the complementary skills, different perspectives and ideas women bring. 2017-08-09T22:00:00.0000000Z
Innovation vital for SME survival in SAhttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/innovation-vital-for-sme-survival-in-saInnovation vital for SME survival in SA2017 has so far been a turbulent year for South Africa, with the country’s GDP contracting by 0.7% during the first quarter, pushing the local economy into a technical recession. This impacted negatively on consumer confidence and although this can have a detrimental effect on the trading conditions for small and medium enterprises (SMEs), if SME owners tap into their entrepreneurial prowess and innovate, they can find opportunity despite the doom and gloom.2017-07-30T22:00:00.0000000Z
Commercial property a viable nest egg for SMEshttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/commercial-property-a-viable-nest-egg-for-smesCommercial property a viable nest egg for SMEsIn light of National Savings Month, which aims to promote debate around the key aspects and benefits of saving, Jeremy Lang - regional general manager at Business Partners Limited (BUSINESS/PARTNERS) - says that traditional savings vehicles may not always be the best option for small and medium enterprises (SMEs), and that investing for growth may be more beneficial than sitting on a lump sum of cash. Lang says that in the current economic environment, investing in property may be a viable option for SME owners to consider as a long-term savings mechanism. 2017-07-19T22:00:00.0000000Z
Is your business on target?https://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/is-your-business-on-targetIs your business on target?The half-time break for a sports match offers a crucial few minutes for both the coach and players to review and tweak their game plan, and in a similar way, business owners should view the half-way mark of the year no differently.2017-07-18T22:00:00.0000000Z
Entrepreneurship offers SA youth hope amidst recessionhttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/entrepreneurship-offers-sa-youth-hope-amidst-recessionEntrepreneurship offers SA youth hope amidst recessionAdding to the woes of South Africa’s unemployment rate hitting a 13-year high of 27.7%, Statistics SA’s Quarterly Labour Force Survey for the first quarter of 2017 revealed that the youth unemployment rate rose by 1.6 percentage points to 38.6%, and with the economy entering a technical recession, businesses are likely to slow expansion and hiring, further hindering the prospect of future employment. 2017-06-19T22:00:00.0000000Z
If SA thinks like an entrepreneur, the entrepreneurial data isn’t all doom and gloomhttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/if-sa-thinks-like-an-entrepreneur-the-entrepreneurial-data-isn’t-all-doom-and-gloomIf SA thinks like an entrepreneur, the entrepreneurial data isn’t all doom and gloomSouth Africa has recorded one of its lowest levels of entrepreneurial activity since 2002, according to the recently released Global Entrepreneurial Monitor (GEM) South Africa report 2016-2017. And with such a finding, it is easy to become pessimistic about the country’s prospect of ever improving its levels of entrepreneurship - and all the job creation, wealth creation, and prosperity that goes with it. 2017-06-04T22:00:00.0000000Z
Leading SME risk financier’s results show solid investment deals but warns of stark challenges aheadhttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/leading-sme-risk-financier’s-results-show-solid-investment-deals-but-warns-of-stark-challenges-aheadLeading SME risk financier’s results show solid investment deals but warns of stark challenges aheadOver the past year, Business Partners Limited (BUSINESS/PARTNERS) - a leading risk financier for SMEs in South Africa and selected African countries - approved 327 investment transactions, amounting to over R1,14 billion, and, in the process facilitated the creation of 12 395 jobs.2017-06-04T22:00:00.0000000Z
A financial immunity boost for local SMEshttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/a-financial-immunity-boost-for-local-smesA financial immunity boost for local SMEsAs South Africa’s newly appointed Finance Minister Malusi Gigaba continues to engage with international investors in an attempt to salvage the country from a third credit rating downgrade, local businesses brace themselves for the inevitable ripple effects caused by a low growth economic environment and the increased burden placed on domestic banks. 2017-05-14T22:00:00.0000000Z
Public-private partnership essential to combat economic woeshttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/public-private-partnership-essential-to-combat-economic-woesPublic-private partnership essential to combat economic woesWhile South Africa prepares for what will likely be a rollercoaster period, it is once again evident how big a role economic and political uncertainty can play in the minds of local business owners, and the extent to which this impacts small and medium enterprises’ (SMEs’) confidence levels and their ability to do business. 2017-05-02T22:00:00.0000000Z
Customer service in a technology driven worldhttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/customer-service-in-a-technology-driven-worldCustomer service in a technology driven worldIn a world dominated by fast-paced, on-demand service - both online and offline - local businesses need to evaluate the role social media and technology play within their business and whether their customer service strategy is up-to-date and meeting their customers’ growing expectations. 2017-04-19T22:00:00.0000000Z
Business unusual: SMEs adapting to junk status landscapehttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/business-unusual-smes-adapting-to-junk-status-landscapeBusiness unusual: SMEs adapting to junk status landscapeRatings agencies Standard and Poor's and Fitch Ratings have both recently downgraded South Africa’s sovereign credit rating to junk status, which, based on the simple mantra of higher risk equals higher return, means that both existing and new funds borrowed by South Africa will become more expensive2017-04-10T22:00:00.0000000Z
How a business plan can make or break a start-up seeking financehttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/how-a-business-plan-can-make-or-break-a-start-up-seeking-financeHow a business plan can make or break a start-up seeking financewedding planning start-up nets R400 000 on & SharkTank Funding for early-stage start-ups is notoriously hard to find as not many financiers are prepared to invest, given the inherent high risks involved in backing a business with no proven track record. This, coupled with statistics revealing that one in five start-ups fail within the first five years, makes it even more of a challenge for a first-time entrepreneur to convince a financier to approve funding2017-03-29T22:00:00.0000000Z
Are you pitching your business short?https://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/are-you-pitching-your-business-shortAre you pitching your business short?Securing finance lies in the detail, says SA SME financier Access to funding is often cited as the greatest hurdle to starting a business. However, contrary to many entrepreneurs’ belief, there are various institutions with funding available in South Africa which too often isn’t tactically tapped into2017-03-27T22:00:00.0000000Z
The right time to become a full-time entrepreneurhttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/the-right-time-to-become-a-full-time-entrepreneurThe right time to become a full-time entrepreneurThe Minister of Small Business Development, Lindiwe Zulu – who was speaking at the Global Entrepreneurship Congress which took place in Johannesburg last week – encouraged aspiring entrepreneurs to research opportunities that are available in the market before starting a business of their own.2017-03-22T22:00:00.0000000Z
Budget Speech Commentary by Business Partners Limited – Ben Biermanhttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/budget-speech-commentary-by-business-partners-limited-–-ben-biermanBudget Speech Commentary by Business Partners Limited – Ben BiermanMinister of Finance Pravin Gordhan delivered a balanced and conservative budget which strives to continue the necessary fiscal consolidation, attempts to address inequality, and will likely ensure that South Africa has a realistic chance of avoiding a ratings downgrade. From a small and medium enterprises (SME) perspective, this should create an economic environment that is more conducive to growth and opportunity.2017-02-26T22:00:00.0000000Z
Now is the time for a pro-SME Budgethttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/now-is-the-time-for-a-pro-sme-budgetNow is the time for a pro-SME BudgetAny measure that can boost the local economy beyond the projected 1.1% growth is at the top of the 2017 National Budget Speech wish-list for South Africa’s vital small and medium enterprise (SME) sector. Coupled with the hope that there is no further political turmoil, the ideal scenario for existing and aspirational SME owners would be long-term stability within the economic cluster.2017-02-16T22:00:00.0000000Z
SA SMEs can expect light in 2017 after dark 2016 tunnelhttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/sa-smes-can-expect-light-in-2017-after-dark-2016-tunnelSA SMEs can expect light in 2017 after dark 2016 tunnelBusiness Partners Limited outlook for SMEs in 2017 From a small and medium enterprises (SME) perspective, the current economic environment is more conducive to growth and opportunity than it was a year ago. This is according to Ben Bierman, Managing Director of Business Partners Limited (BUSINESS/PARTNERS), a specialist risk finance company for formal SMEs. 2016 saw a shift in terms of global politics and economic issues, specifically in South Africa, which brought about stronger cooperation between the private sector, government and civil society to better foster and increase the success of SMEs in 2017.2017-01-22T22:00:00.0000000Z
Taking holidays seriouslyhttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/taking-holidays-seriouslyTaking holidays seriouslyIn the mind of many entrepreneurs there is a short-lived conflict that flares up at least once a year when the family starts making plans for the holiday. On the one hand, they know that a holiday would do them good. On the other hand, there are a million issues still to sort out in the business.2016-12-19T22:00:00.0000000Z
The festive season survival guide for SMEshttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/the-festive-season-survival-guide-for-smesThe festive season survival guide for SMEsWith the festive season already in full swing, it is imperative that both seasonal and non-seasonal businesses alike take heed of the holiday’s pressures and ensure business continuity in order to retain customers and steady profit margins for the new year.2016-12-19T22:00:00.0000000Z
SMEs survive another tough yearhttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/smes-survive-another-tough-yearSMEs survive another tough yearSouth African small and medium enterprise owners were exposed to one of the toughest years in decades, not only for economic reasons but also for factors influencing business activity levels. The effects of the various challenges experienced in the country spread to all levels of the economy – from large corporates to small and medium enterprises (SMEs) – and have left business owners with a few lessons to learn from for 2017.2016-12-12T22:00:00.0000000Z
Building your small business into a big brandhttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/building-your-small-business-into-a-big-brandBuilding your small business into a big brandWhen it comes to marketing a small business, the fundamentals remain the same as they are with big businesses, yet many small and medium enterprises (SMEs) fail to action even the simplest marketing initiatives effectively, often to the detriment of the business’ success2016-12-06T22:00:00.0000000Z
All size businesses to consider environment impacthttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/all-size-businesses-to-consider-environment-impactAll size businesses to consider environment impactAs South Africa continues to grapple with the devastating effects of the drought that has plagued the country, local businesses are urged to take their environmental sustainability responsibilities seriously in order to counter the implications of climate change that are impacting the country, its people and communities. 2016-11-30T22:00:00.0000000Z
Failure to plan and mentor the demise of SA family businesseshttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/failure-to-plan-and-mentor-the-demise-of-sa-family-businessesFailure to plan and mentor the demise of SA family businessesIn an economy where jobs are scarce, inheriting a family business – especially those traditionally known for strength and economic resilience – can be considered a privilege and an advantage. While an estimated third of South African family businesses will pass their business to the next generation, many don’t successfully plan for this, often leading to the demise of the business.2016-11-24T22:00:00.0000000Z
2016 a particularly disruptive year for entrepreneurial landscapehttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/2016-a-particularly-disruptive-year-for-entrepreneurial-landscape2016 a particularly disruptive year for entrepreneurial landscapeGlobal Entrepreneurship Week (14 – 20 November) Many local entrepreneurial businesses have the potential to thrive under pressure. However, in the midst of a volatile economy small and medium enterprises (SMEs) do require a particular level of certainty to flourish and implement growth strategies.2016-11-20T22:00:00.0000000Z
Young, aspirant entrepreneur duo awarded top national prizehttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/young-aspirant-entrepreneur-duo-awarded-top-national-prizeYoung, aspirant entrepreneur duo awarded top national prizeTwo young entrepreneurs, Bahle Nteleki and Mazizi Njokweni, have been crowned the national winners in the 2016 Business Partners / SME Toolkit Global Entrepreneurship Week's Business Plan Competition for Aspiring Young Entrepreneurs at an awards ceremony held in Johannesburg this morning. The two entrepreneurs will as a result be equipped with the tools and practical knowledge required to turn their promising business idea into a reality.2016-11-09T22:00:00.0000000Z