SMEs
SMEs
Free Media Space to Assist NGOs and SMEs
Towards the end of June 2012, Media24 donated R24 million worth of advertising space in its magazines, newspapers and online titles to help make the dreams of 12 nonprofit organisations and 12 small businesses in South Africa come true.
The donation forms part of the group's 'Giving you space to Grow' project, aimed at community development and growth.
This is a focused initiative to combine the efforts of the media company's myriad social investments under one umbrella and to make a difference in the visibility of these 24 organisations and businesses.
To read the article titled, “Free media space to assist NGOs and SMEs,” click here.Source:Biz CommunityTwo-Thirds of SA’s SMEs Fail
Almost two-thirds of South African start-up businesses fail within the first two years, according to Peter Schlebusch, chief executive for personal and business banking at Standard Bank.
Schlebusch blames some of the reasons for the failures on the inability to track accurately what is going on in the business, administrative and regulatory burdens and inadequate access to funding.
He states that the bank is aggressively targeting the start-up business market as it sees start-up businesses and providing banking services for these businesses as a profitable business venture.
To read the article titled, “Standard backs SMEs,” click here.Source:The CitizenFree Websites for Small Businesses
The Woza Online initiative has successfully helped 11 200 South African small and medium-sized enterprises (SMEs) set up websites easily and for free, two months after it was launched.
This was announced at a Woza Online roadshow in Durban, showing businesses in the city that having an online presence can expand their customer base.
Woza Online, a joint initiative by Google, the Department of Trade and Industry (dti), Vodacom and the Human Resources Development Council, helps SMEs to create their own websites, in turn boosting their turnovers, job creation and economic growth.
To read the article titled, “SMEs race to Woza Online: Over 10 000 new business websites created in 2 months,” click here.Source:Lead SA
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