Tag: small businesses

IT’S TIME TO SHOW SOME RESPECT TO THE SPAZA INDUSTRY

In mid-2025, the CEO of Capitec, Gerrie Fourie, sparked debate about unemployment in South Africa.  He argued that the actual unemployment rate in South Africa may be significantly lower than the official figure reported by Stats SA, potentially around 10% instead of the reported 32.9%. He argues that the current methodology used by Stats SA […]

AFRICA MUST UNSHACKLE ITSELF FROM THE CHAINS OF BUREAUCRACY TO THRIVE

Mother Africa is pregnant with possibilities — abundant natural resources, a young and dynamic population, expanding digital connectivity, and untapped markets that, if harnessed, could turn the continent into a global economic powerhouse. But these opportunities will remain a mirage unless we confront a painful, inconvenient truth: Africa is making it far too difficult to do business. Everywhere […]

ADDRESS BY PRESIDENT RAMAPHOSA AT THE PRESIDENTIAL MICRO, SMALL AND MEDIUM ENTERPRISES AND COOPERATIVES AWARDS

“Ladies and Gentlemen, it is a great pleasure to be here. The Presidential MSME and Cooperatives Awards recognise excellence in one of the most important areas of our economy. Micro, small and medium enterprises and cooperatives together form a vital part of our economy with immense growth potential. Whether they are small businesses in townships […]