SME Snapshot has launched an updated version of its business management dashboard, aimed at helping small and medium-sized enterprises (SMEs) demonstrate their financial health more clearly to potential funders. Access to finance remains one of the biggest barriers to SME growth in South Africa, despite the sector contributing over a third of GDP and employing…
There’s more to business innovation than breakthrough apps, technology or pivots that disrupt industries. For SMEs, innovation can be found in smaller, practical improvements that bring real value to both customers and the business itself. At its core, innovation asks business owners to think differently and look beyond the obvious to find creative ways to…
Miguel da Silva, Group Executive: Business Banking at TymeBank, examines the developments affecting South Africa’s SMEs as international finance leaders gather in Johannesburg. Johannesburg Hosts Global SME Finance Forum Alongside G20 Proceedings The Global SME Finance Forum takes place in Johannesburg from 15 to 17 September, bringing together more than 1 200 participants from over…
For many entrepreneurs, growth is seen as a clear marker of success. However, for South African SMEs, expanding too quickly or for the wrong reasons can slow momentum and dangerously overstretch resources. “Growth shouldn’t be a leap of faith, but rather a strategic move grounded in data, operational readiness, and sound financial planning,” says Nicole…
Nedbank has agreed to acquire Durban-based fintech iKhokha for R1.65bn in an all-cash deal. The transaction, which is subject to regulatory approval, is expected to be finalised in the coming months. According to a statement cited in a MyBroadband report, the bank said the acquisition will allow it to merge iKhokha’s payment technology with Nedbank’s…
With youth unemployment sitting at 44.6%, many young South Africans are no longer waiting for jobs that may never come – they’re creating their own. While necessity is a major driver, locals are also starting businesses to make a difference, build wealth, or continue a family legacy. The result is a growing wave of youth-led startups, side hustles…
In today’s experience economy, customers aren’t just buying products or services, they are buying the experience too. Having the best product in the market does not mean that customers will be satisfied or remain loyal. Not knowing and understanding your customers experience (CX) is the silent killer of small and medium businesses. Far too many…
