Two years ago, the Small Business Institute (SBI) sent letters to 100 of the JSE’s largest companies, asking them to share with us their payment terms for the small businesses in their supply chain. Only 38 took the time to respond. Nine told us they paid in fewer...
In an effort to ensure small and medium sized businesses (SMEs) in South Africa survive the economic crisis, exacerbated by the Covid-19 pandemic, more than 50 large companies have formally committed to paying their SME suppliers in 30 days. The initiative, called...
Find the article here. by Fin24 – https://www.news24.com/fin24/companies/50-major-companies-clamp-down-on-late-payments-bankrupting-small-businesses-20201117 Lameez Omarjee
Tumisang Ndlovu speaks to Pearl Maphumulo, managing director at The Business Development Agency, John Dludlu, chief executive of the Small Business Institute, Philani Sangweni, Managing Partner at Entrepreneurs for Entrepreneurs Africa & Desigan Chetty, COO...
Journalist Moipone Malefane has taken the plunge to launch a website for SMMEs. First published in Daily Maverick 168. For news that a small business can use: A new business website, aimed at small, medium and micro enterprises, has been launched to give an...