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SMEs

Absa Unveils Business Solutions to Foster Youth and Women Entrepreneurship

Absa has launched two unique banking solutions, namely Absa Emerging Entrepreneur and Absa Business She Thrives, aimed at empowering youth and women in their business endeavors. These solutions provide various benefits, including a monthly fee waiver for six months on...

MTN to up Procurement Spend by R4 Billion and Offers Support to SMEs

MTN Xlerator is MTN South Africa’s enterprise supplier development (ESD) programme that plans to increase MTN’s procurement spend by R4 billion over two years with 51% black-owned SMMEs. The programme plans to double the number of SMMEs on its supplier...

ChatSME: SA’s First Large Language Model for Business Owners

Retail Capital, a division of TymeBank, proudly announces the launch of ChatSME, a groundbreaking Large Language Model (LLM) designed to empower and revolutionize how South African entrepreneurs grow their businesses. Easy Access to Valuable Knowledge and Resources This first-of-its-kind generative AI...

Lula: New Approach to Banking for Small Businesses

South Africa's leading fintech, Lula, is taking a giant leap forward in its mission to support SMEs. Following its recent rebranding from Lulalend, Lula is now offering an array of first-to-market services poised to redefine the SME banking landscape. Lula's...

FNB Fuels Growth with 185 Inverter Giveaway for SMEs

In a significant step towards powering change, FNB is launching the 'Power Up Local Business Campaign', which coincides with its 185th anniversary. This initiative is a testament to its commitment to fuel growth among local small businesses by providing...

Fintech Solutions Drive 72% Increase in Compliance Among SMEs

Non-compliance remains a significant challenge for South African SMEs, but the introduction of fintech solutions has led to a remarkable 72% increase in adherence to basic legal requirements, according to the latest report from the Companies and Intellectual Property...

How a Data Breach Could Sink an SME

When it comes to reporting on cybercrime, we tend to only come across stories impacting major companies or industries. Apart from the obvious reputational damage, we don't really grasp the consequences of something like a data breach on a company...

Ukheshe & Digital PayGo Partner to Drive Zambian Business Growth

Ukheshe’s SME in-a-box solution is making tangible changes to the lives of millions in Zambia through a partnership with Digital PayGo, improving financial inclusion and enhancing business dealings for entrepreneurs. Digital PayGo, a local Zambian fintech driving a mobile-first approach,...

How Tech Businesses Can Empower South African Entrepreneurs

In a nation beset by unemployment, it is vital to provide new work opportunities. Our collective future will remain unknown unless we work together to address the problem. And the significance of entrepreneurship to South Africa's economic success cannot...

Is it Time for South African SME’s to Flick the Switch to Solar?

The economic challenges in South Africa are daunting for most businesses. When coupled with the impact of load-shedding, there are compelling reasons why many small and medium enterprises (SMEs) are actively seeking out alternatives to the current reliance on...
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How Fayda Digital ID Powers Ethiopia’s Ambitious One-Stop Government Service Platform

Ethiopia has launched MESOB (Modern Ethiopian Service for Organized Benefits), a groundbreaking one-stop shop platform that exemplifies how Digital...
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