R12bn Set Aside For SMMEs

R12bn set aside for SMMEs

Ekurhuleni  - The mayor of Ekurhuleni Mzwandile Masina has said that the city has set aside R12 billion for youth-owned businesses and small, medium and micro-enterprises (SMMEs) to reposition themselves as capable and preferred service providers to government. He said…

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SMEs See Improving Opportunities In 2017

SMEs see improving opportunities in 2017

Cape Town - Forty seven percent of South African small and medium enterprise (SME) owners surveyed said they had hired new employees in the last year, according to Ben Bierman, the managing director of Business Partners. He said 77percent of…

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SA Investors Are Too Risk Averse: Vinny Lingham

SA investors are too risk averse: Vinny Lingham

The venture capital community in South Africa is too risk averse and doesn’t understand the start-up model, particularly when it comes to high-growth start-ups. That’s the view of San Francisco-based South African Internet entrepreneur Vinny Lingham, who sold his last…

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Africa Is The Next Frontier For VCs

Africa is the next frontier for VCs

Above: Startups from Kenya, Uganda and South Africa participate in a workshop during the $200K Zambezi Prize Competition. According to Clarium Capital founder Peter Thiel, entrepreneurs should look for secrets where no one is looking and turn them into business…

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