With youth unemployment at 46.1%, SMEs are stepping in to drive change. Lawrance Ramotala of Business Partners Limited highlights how small businesses are empowering young South Africans through jobs, mentorship, funding, and purpose-driven entrepreneurship—building both livelihoods and lasting impact.
Not All Insurance is Created Equal! The founding partners of Cross Country Insurance Consultants realised this and set out to create an insurance product specifically for the 4×4 market.
The conditions for the transaction have been fulfilled and the parties will proceed to integrate the businesses. The effective date of the Transaction is 1 March 2023.
While grey-listing can make it more onerous and costly to do business with South Africa and will detract from its reputation as an investment destination, it is important to note that FATF does not automatically call for the application of enhanced due diligence measures to grey-listed jurisdictions.
With the economy’s medium-term growth outlook deteriorating, a difficult domestic and global environment, and real GDP growth projected to average only 1.4% from 2023 to 2025, Finance minister Enoch Godongwana’s 2023 Budget Speech held limited good news for small and medium businesses.
The National Budget Review notes that this rate of economic expansion is well below the pace required to generate significant employment growth and to support national development.
