South Africa’s National Empowerment Fund, an agency of the Department of Trade and Industry, has launched the Enterprise Development Fund to fund small, medium and micro black enterprises with loans ranging between R250 000 (US$37 000) and R75-million ($11-million). The difference between Read the full story
Dr Garth Cambray, managing director of Makana Meadery in Grahamstown, is another brand ambassador in the Eastern Cape with a local approach and global vision. Like the name suggests, his company makes wine from fermented honey, also known as mead, Read the full story
The Industrial Developmental Corporation (IDC) approved funding of R8.4-billion for the year ending March 2011. The funding, its highest ever for South African-based investments, is expected to create up to 20 000 full-time jobs and save an additional 11 000 Read the full story
The sum total of the estimated 2,8 million small, medium and micro-enterprises (SMMEs) contribute between 52% and 57% to the gross domestic product (GDP). It is also estimated that SMMEs contribute nearly 61% of employment. The South Afircan government aims Read the full story