Author Archive | NabelahFredericks

Get skilled workers through local employment initiative

Business owners can now tap into a source of skilled young employees after a local youth employment accelerator earlier this year launched a tailor-made solution for small business owners. The company, Harambee, initially focused on placing large groups of unemployed youth with big businesses after providing these youth with skills such as computer literacy. Young… [Continue Reading]

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Save your biz by knowing your rights

Lately emails have been doing the rounds advising consumers to check with their credit providers whether their debt has been securitised or not. It was thanks to a similar email which he received about two years ago, that Johannesburg business owner Damon Greville was able to score a small victory in the South Gauteng High… [Continue Reading]

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Entrepreneur takes on bank

Losing his 67 year-old printing business did not stop a Gauteng business owner from fighting the proverbial Goliath in the form of Sasfin Bank, step-by-step. Damon Greville lost his business in 2012 after the bank forced its closure and sold off all its assets. He decided to move on, but when he received a summons… [Continue Reading]

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Focusing on success is the cure

Highlighting the successes of entrepreneurs rather than their failures alone, will help change the perception of entrepreneurship and could encourage more young people to start their own businesses. So says Christo Botes, executive director at Business Partners and spokesperson for the Business Partners Entrepreneur of the Year awards. His comments come in the wake of… [Continue Reading]

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NEF opens for lending again

Since re-opening its doors for applications for finance two months ago, the National Empowerment Fund (NEF) has already received 85 requests from black entrepreneurs looking to get a slice of the R950 million available in funding. The financier, which ran short of funds last year, was thrown a life-line earlier this year after being forced… [Continue Reading]

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Make your tax registration changes online

Business owners can now amend details and register for various types of tax with the help of just a single form – the Registration, Amendments and Verifications (RAV01) form. This follows the implementation of a single registration process last month by the South African Revenue Service (Sars). The aim of the process is to consolidate… [Continue Reading]

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One stop for all taxes

The adoption by the South African Revenue Service (Sars) of a new single registration process will see business owners save time and money. The new single registration process, which Sars began rolling out last month, consolidates the registration of all types of tax products for both individuals and legal entities into one single registration process.… [Continue Reading]

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New ministry for SA small businesses

South Africa’s highly-anticipated first small business development minister Lindiwe Zulu carries the hopes of millions of small business owners on her shoulders, after President Jacob Zuma appointed her to this new ministry as part of his second-term cabinet. Zulu, a former special adviser to the president for international relations, who has admitted to not having… [Continue Reading]

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From domestic worker to industry pioneer

Since registering her business in 2008, a Gauteng businesswoman has created employment for more than 1 000 women through her domestic worker placement agency. It’s no surprise then that her business scooped the Most Jobs Created and Best Performing Company award at the Shanduka Black Umbrellas awards in early 2013 and, more recently, the top… [Continue Reading]

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South African global support office opens for business

Small business owners will soon be able to leverage off the expertise of their overseas counterparts after the International Society for Small and Medium Enterprises (Issme) set up shop in South Africa earlier this year. Issme, which began operating in South Africa in March, aims to assist institutions that help small businesses and to develop… [Continue Reading]

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