All you need to know from the latest Monetary Policy Committee (MPC) Meeting
On Thursday, 17 September 2020, Governor Lesetja Kganyago read the latest Monetary Policy Committee (MPC) statement. We are happy to see that the South African Reserve Bank (SARB) held it’s key lending, or repo, rate at 3,5%. A low repo rate is good news for both...
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Move your business online by following these essential steps
Guest blog by PayFast There's never been a more appropriate time to get your business online. The COVID-19 pandemic and the government's response of enforcing different levels of lockdown regulations have affected the economy hard. As a business owner, you know this...
5 Ways to support local businesses this Heritage Month
The move to Alert Level 2 means there has been a gradual increase in economic activity and for many SMEs, this was the first time they have been able to operate since March. While we are still practicing social distancing, there’s no better time to show our support...
Tips for the 2020/2021 tax season
The tax season is upon us once again and we want to help you get your business prepared for submission. Complying with your tax obligations as a small business has been made a lot easier over the past few years as SARS continues its efforts to ultimately digitize and...
Women in Business: Yolanda Sing, Chloe Consultants
Yolanda Sing Founder of Chloe Consultants The Business Chloe Consultants was founded by Yolanda Sing, a Senior Human Resource Executive who has worked extensively and internationally in 15 different countries. Her method for individual and organizational...
COVID-19 Lockdown Level 3: What it Means for Your SME
On 1 June, the COVID-19 national lockdown shifts to level 3. This means more sectors can get back to work. If your SME will start trading again, you'll need to follow rules to keep your staff safe. In this guide, we've collected everything you need to know about...
6 Strategies Top Affiliates Use to Support SMEs During Covid-19
The coronavirus slowdown affects us all. But, it’s especially tough for South African business owners. Every day we speak with business owners who are struggling. They’re worried about paying salaries and sustaining their SMEs in a post-coronavirus world. In response,...
These Awards Give Women Entrepreneurs Everything They Need to Change the World
Lindiwe Matlali teaches South African girls to code—through knitting. And thanks to Matlali’s efforts, more than 40 000 young people have learned to code. As the founder and CEO of Africa Teen Geeks, Matlali heads up the continent’s largest computer science...
COVID-19 SME Support: Is the R100bn Scheme Right for Your SME?
Small businesses can now apply for the government's R100 billion COVID-19 loan guarantee scheme. If your turnover is less than R300 million, you qualify for this COVID-19 SME support programme. It is a joint initiative by the National Treasury and the banks. The South...
5 Ways to Rebuild Your SME During COVID-19
How do you even begin to rebuild your SME during COVID-19? Some business owners have had weeks without turnover. Others are not sure when they can start trading again. And even if you’re operating right now, you don’t know whether or not level 5 will force you to shut...
Reimagining a post COVID-19 access to market strategy
Business owners have gone through quite a journey with COVID-19 restrictions. Customers' needs have changed and South African regulations are evolving as we move from lockdown into lower levels of restriction. We chatted to Marc Ashton about reimagining an access to...
