South African financial services provider, FNB announced on Tuesday, 15 October 2019, that – in the wake of its commitment to help entrepreneurs – it’ll be launching a new digital app-based entrepreneurship learning programme –...
June 3, 2019 •
Finance, Startups •
Fundi Maseko •
Comments Off on SMEs can free up cash flow through invoice discounts
Small business owners who are experiencing cash flow challenges should consider improving efficiencies in their payments collection and processing methods to free up working capital. Vaughan David, CEO of Business Savings and Cash Investments at FNB says that...
February 23, 2019 •
Sponsored •
Neo Sesinye •
Comments Off on How Networks Unlimited Africa and Cofense offer no-cost simulation solution against phishing
Cofense™, a leading provider of human-focused phishing defence solutions which enable people to identify, report, and mitigate such threats as spear phishing and malware, is keenly aware that small businesses are significant targets for cyber attackers....
2019 is well underway, bringing with it a range of risks and opportunities for startups and growing businesses. Some of the challenges your business will face – a volatile rand, Eskom load shedding, tax and labour laws – are beyond your control....
Cofense, a provider of human-focused phishing defence solutions which enable people to identify, report, and mitigate such threats as spear phishing and malware, is keenly aware that small businesses are significant targets for cyber attackers. This is...
January 14, 2019 •
Retail •
Danielle Kruger •
Comments Off on Innovative HP retail solutions tailored for SMEs
HP have announced innovative new solutions designed to meet the unique needs of small and medium-sized retailers and hospitality operators. The new HP Engage One Prime expands HP’s portfolio of point-of-sale systems with an all-in-one solution optimized for...
As the Fourth Industrial Revolution – characterised by the interconnection of technologies, blurring the lines between the world’s physical, digital, and biological domains – continues to change the working landscape across the globe at a rapid pace. It...
November 7, 2018 •
Security •
Neo Sesinye •
Comments Off on The cyber risks to South African SMEs
South Africa is a particularly attractive proposition for cyber criminals. The global Cyber Exposure Index ranks South Africa third on the list of most-targeted countries for cyberattacks. Small businesses are not immune to this – far from it: one...
October 31, 2018 •
Startups •
Fundi Maseko •
Comments Off on How SMEs can harness shadow IT
For many of us, the term ‘Shadow IT’ instantly evokes images of nasty ghouls lurking suspiciously behind servers and computer screens – waiting for the moment to cause mass cyber destruction. The true meaning of Shadow IT, however, is a little...
October 12, 2018 •
Finance •
NetAdmin •
Comments Off on IT and the Green economy identified as future-orientated businesses in South Africa
South African SMEs are estimated to represent 90% of formal businesses, provide employment to about 60% of the labour force and contribute approximately 34% of the country’s GDP. In an effort to further grow this sector and boost a struggling economy,...
August 13, 2018 •
Finance, Security, Southern Africa •
NetAdmin •
Comments Off on SMEs are especially vulnerable to fraud according to certified fraud examiner
Fraud affects small businesses much more severely than large corporates, with global research revealing that small and medium enterprises (SMEs) generally lose twice as much money than their corporate counterparts in the event of employee fraud. Discussing...
NMB Bank has urged small to medium sized businesses to take advantage of the advisory and financial services its Small to Medium Enterprises (SME) Banking Unit offers them to help grow their enterprises. NMB SME Banking Unit head Erasmus Bhunu says the unit,...
August 2, 2018 •
Security •
NetAdmin •
Comments Off on Big Business or SME: We all need 21st Century data security
Technology created and widely adopted in the 21st century has undoubtedly made our lives easier. It means everyday activities like banking are far less tedious and time-consuming, and that complex, more specialised tasks, like managing a company’s finances,...
Many small business owners are more concerned about how secure their data is in the cloud, but don’t worry about taking their unencrypted laptops to a local coffee shop. Having a ‘secure’ password doesn’t mean one’s data is protected. This is...
The efficient use of digital platforms is crucial in enabling convenient access to funding for South Africa’s small and medium enterprises (SMEs). This is according to Mike Vacy-Lyle, CEO of FNB Business, who says a pragmatic approach that prioritises the...
As the drivers of South Africa’s economy, SMEs should have unencumbered access to business tools that help to fuel their growth. The business tools they need, however, generally come at a high cost and are primarily designed for larger businesses. To help...
