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The National Empowerment Fund’s Economic Recovery Fund has a focus on manufacturing, retail and services businesses, while the Small Enterprise Finance Agency (Sefa) Small Business Development Business Recovery Support Packages support informal and micro businesses sector.
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Small businesses are as much at risk of financial crimes, such as money laundering, tax evasion, and terrorist financing activities, as their larger counterparts.
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Financial crimes harm South Africans in many ways but fundamentally, they contribute to the depletion of funds and resources that should be put towards the country's development.
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Rising property tax rates, water restrictions and increases in the cost of water and electricity, combined with high unemployment rates and uncertainty over land expropriation all make for a challenging sell for real estate agents.
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While South Africa has moved to lower levels of its COVID-19 lockdown, the risk of renewed waves or surges of the pandemic over the next few months means that many businesses have chosen to maintain their virtual and remote working practices.
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Echoing the famous musician, Bryan Adams, “It’s a new world, it’s a new start,” risk experts on the International Think Tank in August shared their wisdom and learnings around the response to COVID-19 and the future, aptly reframing what has become commonly known as the “New Normal” to the “Next Normal.”
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In today's interconnected global economy, business alliances have become a cornerstone of success. However, beneath the surface of these alliances, there can be hidden risks that have the potential to tarnish your corporate reputation and personal standing.
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Businesses affected by the unrest which took place during 9 - 19 July have until Thursday, 30 September at 17:00 to register on the Business Loss Registration Portal as announced by government last week.
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With fraud representing one of the biggest threats to business, how can organisations best protect themselves and what should they do on discovery of a suspected fraud?
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As a procurement leader, you face many challenges in your efforts to drive business growth and cost savings. Today, we're going to talk about some of the most effective business strategies that you can use to overcome those challenges and achieve your goals.