The record increase in business closures negates the gains that have been made in the transformation of the country’s economy. This is based on recent data from StatsSA which indicates that 49% more businesses have been liquidated from March 2020 Read the full story
As you would have expected, the resignation of Daniel Mminele, as ABSA Africa’s first black CEO, has triggered an uproar, with black business associations accusing the organisation of deliberately engineering a purge of the cream of black talent. However, as Read the full story
Two years ago, the appointment of business magnate, Kuseni Dlamini, as Chairperson of the University of Pretoria Council, would have not made headlines. But now in an era where COVID-19 pandemic has thrust the world in different era, it is Read the full story
The Department of Tourism has allocated R189 billion for resuscitating small businesses hit hard by COVID-19 travel restrictions, following cabinet approval last week. The Fund is one of the interventions and enablers outlined in the Tourism Sector Recovery Plan aimed Read the full story
ICASA has finalised regulations aimed at facilitating the participation of black South Africans and Highly Disadvantaged Groups, who include women and people with disabilities, in South Africa’s ICT sector. The regulations stipulate that both black South Africans and Highly Disadvantaged Read the full story
The impact of chronic conflict amongst an organisation’s board members can be mirrored through its performance, as the disarray at South African Airways (SAA) illustrates. There is only some point where results can mask the cancerous rot inside. In sporting Read the full story
By Mamiki Matlawa According to Stats SA, there is a staggering unemployment rate of 63,2% among the youth, accounting for individuals between the ages of 15 and 24. As the emerging workforce, this age bracket of individuals find themselves in a Read the full story
Stories of some majority black-owned group or a black individual buying a bankable business which is a going concern have a feel-good ring to them. They signify a bold step taken in the journey of a thousand miles towards the Read the full story
The West Rand’s economy has been synonymous with mining or anything directly or indirectly associated with it. And this has proved to be both a blessing and a curse – a blessing during boom times; a curse during a slowdown Read the full story
Black-owned Johannesburg-based start-up, Bluedrop, has proved that there is still opportunity for bankable businesses to attract funding in an environment in which COVID-19 has made lending institutions to be averse to taking the risk of investing in new ventures. Bluedrop Read the full story
