Report reveals that 2017 entrepreneurial activity in SA 4.1% higher than 2016
The recently released 2017-18 Global Entrepreneurship Monitor (GEM) report for South Africa revealed that entrepreneurial activity in the country is at its highest level since 2013. The report also shows that total early-stage entrepreneurial activity (TEA) is at 11.0% – 4.1 percentage points above the 2016 score of 6.9%. Kobus Engelbrecht, spokesperson for the 2018 […]
SA’s premier entrepreneurial competition marks 30 years of celebrating entrepreneurial excellence in Cape Town
Amid the current political optimism, entrepreneurs should be especially inspired by the continued commitment to SME support which emerged as a consistent theme in both the 2018 State of the Nation Address and the National Budget Speech. This is according to Kobus Engelbrecht, spokesperson for the 2018 Entrepreneur of the Year® competition sponsored by Sanlam […]
New Year, new flow
Cash flow management key to steering a clear course of business in 2018 A typical new year’s cliché is the commitment to resolutions – whether they be to start new healthy habits or break bad ones – something that is usually accompanied by the setting of new priorities for the year ahead. As much as […]
Looking at business success amid a drought
The Western Cape has over the recent past been hard hit by the severe drought in the region which has had direct, severe consequences on local businesses. Strict level 4B water restrictions have been implemented area-wide, and residents and businesses alike have been forced to curb water usage to 87 litres per person, per day. […]
Entrepreneurs to take a step back if they are to succeed
Entrepreneurs can become so immersed in their businesses that they no longer ‘see the wood from the trees’, and that the way in which they are currently operating their business, could be the downfall of their success. This is according to Kobus Engelbrecht, spokesperson for the 2017 Entrepreneur of the Year® competition sponsored by Sanlam […]
Entrepreneurs to take a step back if they are to succeed
Entrepreneurs can become so immersed in their businesses that they no longer ‘see the wood from the trees’, and that the way in which they are currently operating their business, could be the downfall of their success. This is according to Kobus Engelbrecht, spokesperson for the 2017 Entrepreneur of the Year® competition sponsored by Sanlam […]
Solving SA’s unemployment crisis through entrepreneurship
While the unemployment rate for the fourth quarter of 2016 as released by Statistics South Africa on Tuesday decreased from 27.1% (Quarter 3 of 2016) to 26.5%, urgent action and support structures are still required in order for local entrepreneurs to do what they do best – create jobs. This is according to Kobus Engelbrecht, […]
It’s never too late to start your own business
50 is the new 21 age for entrepreneurs There is a common misconception among many budding entrepreneurs that starting a business is a journey that is best initiated at a young age. Entrepreneurship is however not just for the youth, and can be embarked upon at any stage of life. This is according to Kobus […]
Simple budgeting is better for a tough trading environment
Just as the South African finance minister needs to ensure that the national budget is realistic and attainable, local entrepreneurs need to ensure they have their annual budgets in optimal order. The effective planning and prioritising of a budget is one of the most important elements of a business, and key to the future of […]
Inventive entrepreneur awarded Small Entrepreneur of the Year® award
Bryan Anderson, co-owner of Delta Steam Systems and the creator of the revolutionary Delta Venturi steam trap system, has been awarded the Small Business Entrepreneur of the Year® title at the annual 2015 Sanlam / Business Partners Entrepreneur of the Year® awards ceremony, held in Johannesburg this morning. The Delta Venturi steam trap system, which […]