Doing business with Pick n Pay

Doing business with Pick n Pay

LAST year retail giant Pick n Pay spent R760 million on procurement from small suppliers and are aiming to spend at least 13 percent of their total procurement of R38 billion on small suppliers by the end of this year. So says Pick n Pay Transformation Manager, Nolubabalo Ndevu. One of the recipients of the… [Continue Reading]

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The Lean Startup - Eric Ries

Finding a better way to plan for results

The Lean Startup – How Constant Innovation Creates Radical Successful Businesses by Eric Ries (Penguin Book, 2011) ONE of the single most repeated pieces of advice business owners get is to use a business plan. Therefore, we invest a lot of time and effort into our planning. With a good business plan, we are told,… [Continue Reading]

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Woza Online screen shot

Woza gets you online for free

YOUR own website is as essential in business as having a cellphone today, with more people search on-line for what they’re looking for. However smaller businesses sometimes may find the cost of between R5 thousand and R40 thousand unaffordable. Enters Woza Online, a free tool to help small businesses set up their own professional website… [Continue Reading]

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Do you have it in you to be successful as entrepreneur like Ludwick Marishane, who’s waterless soap received international recognition?

Are you ready to go into business?

MANY people dream of starting a business but are hesitant to start because they are not sure if they’re capable of going on their own or are not sure what kind of business they should start. Are you one of those people wondering if starting a business is right for you? Do you have the… [Continue Reading]

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Kimberley's Executive Mayor opens the SMME Village

Kimberley incubator fills big hole in Northern Cape

THE first major small business incubator in the Northern Cape, the R12 million SMME Village was launched in Kimberley earlier this year. Built by the Sol Plaatje Municipality, the impressive facility, in Tyala Street in Galeshewe, can accommodate 40 small businesses and already has nearly 30 tenants accredited – most of whom have moved in.… [Continue Reading]

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New board members of NYDA

Enthusiasm for new business finance through youth agency

THE recent appointment of the new board of the National Youth Development Agency (NYDA) sparked enthusiasm around the prospects of youth-lead businesses gaining access to business financing not previously available to them. After almost a year of delays, President Jacob Zuma appointed the new board of the NYDA earlier this year, with Young Communist League… [Continue Reading]

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Economist Dawie Roodt from the Efficient Group

Some exporters benefit from weak rand

WHILE the rand’s steady fall from R7 to a dollar in 2011 to R10 to a dollar in May, has made many of South Africa’s exports more competitive, not all exporters are rubbing their hands with glee. Exporters whose goods are largely dependent on imports such as machinery and fuel as input costs won’t benefit… [Continue Reading]

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New law coming for business registration

THE licensing of Businesses Registration Bill was recently released but due to an outcry from the small business community is set to be redrafted and then re-released for public comment. Below is all you need to know about the Bill as it currently stands. What is the Licensing of Businesses Registration Bill? The Licensing of… [Continue Reading]

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