Lula celebrates a decade of powering South African SMEs

Lula celebrates a decade of powering South African SMEs

From their origins as Lulalend, a pioneering digital lender, the fintech founded by CEO Trevor Gosling and CTO Neil Welman has evolved into a comprehensive digital business banking platform (Lula), consistently demonstrating innovation, agility, and a deep understanding of the unique challenges and opportunities faced by South African SMEs. “We have evolved in leaps and…

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Africa: SMEs Urged to Tap Trade Opportunities in Horn of Africa

Africa: SMEs Urged to Tap Trade Opportunities in Horn of Africa

Nairobi — The government has called on small and medium-sized enterprises (SMEs) to explore emerging business opportunities in the Horn of Africa, citing regional integration as a key driver of economic growth. Speaking during the Global Somali Entrepreneurial Forum in Nairobi, Principal Secretary for MSMEs Development Susan Mang’eni said the region’s interconnected markets offer untapped…

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ICT SMEs slam draft transformation policy direction

ICT SMEs slam draft transformation policy direction

The ICT SMME Chamber does not support the proposed changes to the country’s black economic empowerment laws. The ICT SMME Chamber, which represents the interests of small businesses in South Africa, has slammed the proposed changes to the country’s black economic empowerment (BEE) laws. This, after in May, communications and digital technologies minister Solly Malatsi…

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SA SMEs scale faster with Acumatica

SA SMEs scale faster with Acumatica

Devon Rimmington, Director at ERP and accounting software specialist, Brilliant Cloud. Growing numbers of South African SMEs are switching to Acumatica, an advanced cloud ERP solution, to replace legacy systems with complex integrations, allowing them to streamline and automate their businesses and harness new, transformative technologies. Devon Rimmington, Director at ERP and accounting software specialist,…

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Old Mutual pitchathon offers R4.2m to ICT, fintech SMEs

Old Mutual pitchathon offers R4.2m to ICT, fintech SMEs

Pali Lehohla, former statistician-general; Thabang Mkhuma, technical advisor at 4IR MICT; Nobesuthu Ndlovu, director of SME at Old Mutual Corporate; Lincoln Mali, CEO of Lesaka Technologies; and Talifhani Banks, CEO of Analytics X and Spaza Eats. Old Mutual SMEgo yesterday launched its second edition of the SMEGo Pitchathon, for businesses in ICT and financial services,…

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SMEs push up fibre-to-the-business connections

SMEs push up fibre-to-the-business connections

SA’s FTTB market continues to grow, with increasing interest among smaller companies. The uptake of fibre connectivity solutions bysmall and medium enterprises (SMEs) is fuelling growth in the local fibre-to-the-business (FTTB) market. This is in addition to cloud adoption and ongoing digital transformation across industries that keep the sector on a positive trajectory, says Lehlohonolo…

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SA SMEs: You’re not too small to be a target

SA SMEs: You’re not too small to be a target

Ross Anderson, Sophos BU Executive at Duxbury Networking. (Image: Duxbury Networking) Cyber attacks have become a universal business threat, affecting companies both large and small. Small and medium-sized enterprises (SMEs) are increasingly in the crosshairs of cyber criminals precisely because they’re perceived as easier targets. In South Africa, where many SMEs are juggling lean teams,…

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