Despite access to finance consistently ranking among the most significant barriers to business growth, FinMark Trust estimates that only 20% to 30% of SMMEs in Sub-Saharan Africa manage to access formal credit. For many business owners whose companies are trading, winning customers and meeting their financial obligations, a funding rejection can be difficult to understand. However,…
SITA is developing a structured SMME training and supplier engagement model. (Image source: iStock) The State Information Technology Agency (SITA) has recorded an increase in the amount spent on procurement from small, medium and micro enterprises (SMMEs), in the first four months of the 2026/27 financial year. SITA sits as a central pillar of government’s…
The Western Cape Government Department of Economic Development and Tourism (DEDAT) will host its upcoming Tech Talks Series on 25 and the 26 November at UVU Africa, aimed at helping small and medium enterprises better understand and adopt technology in a practical, accessible way. The two events brings together SMMEs, industry experts, and ecosystem partners…
Flenk Mnisi, acting chief operating officer of Sentech and Anton Jooste, MD of digital services for South Africa at Seacom. Submarine cable operator Seacom and signal distributor Sentech have signed a memorandum of understanding to accelerate the growth of small, medium, and micro enterprises (SMMEs) in South Africa’s telecommunications sector. The agreement, signed at Seacom’s…
The first cohort of Liquid SA’s Fibre TechCelerate programme receive their certificates at a graduation ceremony in East London. Liquid Intelligent Technologies, a business of Cassava Technologies, has welcomed 25 new small, medium and micro enterprises (SMMEs) as part of the 2025 cohort of its Fibre TechCelerate programme. This follows the completion of the first…
South Africa has over 2.5 million small, medium and micro enterprises (SMMEs), employing nearly 10 million people. Yet, many of these businesses are still viewed by corporates through the narrow lens of CSI or supplier development compliance. What if we have it backwards? What if it is big business that can no longer afford to…
