City Press: 30-day payment pact a big step for small business

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...

Metro FM: The Kings Suite, 17 Nov with SBI CEO John Dludlu

More than 50 large companies have formally committed to paying their SME suppliers in 30 days in an effort to ensure small and medium sized businesses  in South Africa survive the economic crisis, exacerbated by the COVID-19 pandemic. The initiative, called...

IT-Online: CEOs commit to paying SME suppliers within 30 days

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...