Grow a better business with small business connect:

She is an International Women’s Entrepreneurial Challenge (IWEC) award winner thanks to her efforts in grooming her employees in running divisions inside her business. Power Plastics owner Caryn Formby was one of 32 women from 18 countries around the world who were honoured in November last year in Sweden for their contribution to the global… [Continue Reading]

Grow a better business with small business connect:

With a bit of pedal power and a deep desire to share his home with the world, 22-year-old Jeffrey Mulaudzi has sprinted to the front of pack with his township tours business. Mulaudzi is the founder of Mulaudzi Alexandra Tours. He gives customers the opportunity to experience Alexandra township – which were once home to… [Continue Reading]

Somalian business owners have offered their South African counterparts an opportunity to learn from their success by setting up workshops to assist local business owners. This follows the looting of foreigners’ spaza shops in Soweto in January and in the Western Cape last month. Abdikadir Mohamed, the Western Cape chairman of the Somali Association of… [Continue Reading]

Rivalry over municipal contracts has led to clashes between two groups of black contractors in Port Elizabeth, which left four business people injured. Last month the newly-formed Nelson Mandela Bay Black Business Forum, with a membership of about 100 black contractors, clashed with Walmer SMME group of contractors in what could be seen as an… [Continue Reading]

A new electronic tender portal which is expected to be launched by the National Treasury next month aims to reduce red tape for suppliers. This is in a bid by the government to make the tender process more transparent, equitable and fair. South Africa joins other countries like South Korea, Australia and Chile, whose respective… [Continue Reading]

Business owners selling liquor will have to do it within the confines of a new list of provisions and regulated trading hours or risk having their liquor licences revoked. This comes after the Minister of Trade and Industry Rob Davies last month gazetted the National Liquor Norms and Standards. The new rules must be implemented… [Continue Reading]

Micro enterprises with a turnover of under R335 000 will be exempted from paying tax if they qualify for and are registered under the turnover tax regime. This follows an announcement by Finance Minister Nhlanhla Nene in his budget speech last month to more than double the annual turnover threshold (from R150 000) under which… [Continue Reading]

Small businesses will have access to R3.3 billion in training and mentorship support over the next three years from the Department of Small Business Development. The Minister of Finance Nhlanhla Nene revealed during his 2015 Budget Speech last month that the department would get a budget of R3.5 billion for the 2015/16 to 2017/18 financial… [Continue Reading]