Unleashing the innovators: by backing different funds and funding models, and getting out of the way, SA SME is being flexible and creative. That is a first in SA, says Knife Capital’s Keet van Zyl....
South Africa is facing a dire unemployment crisis, with highly skewed patterns of ownership in the business sector. Reams of red tape and legislation, such as Broad-Based Black Economic Empowerment, which have been put into place to address racial inequality in the business environment, has...
South Africa is facing a dire unemployment crisis, with highly skewed patterns of ownership in the business sector. Reams of red tape and legislation, such as Broad-Based Black Economic Empowerment, which have been put into place to address racial inequality in the business environment, has...
Big business in South Africa unveiled a new initiative on Thursday aimed at deliberately accelerating, over the coming five years, the expansion of ten established black-owned companies into “substantial” enterprises with yearly revenues of more than R500-million....
To grow the economy in South Africa, President Cyril Ramaphosa has launched a fund headed by some of the country's best businesspeople that will invest in small- and medium-enterprises (SMEs) and startups. The SA SME Fund came out the CEO Initiative, which was set up by...
The R1.4-billion SA SME Fund — which was officially launched yesterday in Johannesburg by President Cyril Ramaphosa but which has already begun disbursing investments — will invest in eight funds, three of which are venture capital (VC) funds. It will also back a local accelerator....
President Cyril Ramaphosa has given the SA SME Fund, set up to fund small and medium enterprises, the thumbs up for raising R1.4 billion to support small business in a way that has not been done before. Speaking this week at a presentation of the...
Everyone agrees that small and medium businesses are the way to go to drive job creation and growth. But despite myriad government policies and funds in place aimed at creating and supporting small black-owned businesses and the many private-sector hubs, incubators and enterprise and supplier...
Adrian Gore, chair of the SA SME Fund discusses the launch of CEO Circle - the fund has committed over half its capital and has built a healthy pipeline of opportunities. ...
President Cyril Ramaphosa on Thursday described the SA SME Fund as a "festival" of people that have come together to create value and also to address the problem of joblessness the country was facing....
President Cyril Ramaphosa on Thursday launched a R1.4bn small business fund aimed at driving the growth of small black-owned enterprises. The SA SME Fund, supported by larger corporates, has been hailed as a game changer, and would afford emerging businesses opportunities to scale up through enhanced...
On the eve of a rates decision by Moody’s, the South African business community are showing that they still have faith. The SA SME Fund has raised R1.4 billion to build world class black owned businesses, Ketso Gordhan, CEO of SA SME Fund spoke to...
President Cyril Ramaphosa will launch the Business Leadership South Africa (BLSA) Connect and SA SME CEO Fund Circle in Johannesburg, the presidency said. “Business Leadership South Africa Connect is an online trading platform that will give registered small, medium and micro enterprises (SMMEs) access to supply...
By lunch-time every day, the US invests in venture capital what South Africa does in a year. Last year, the US invested $82bn in venture capital into new businesses; the total in South Africa was $70m. Ketso Gordhan, the CEO of the SA SME...
President Cyril Ramaphosa had lauded the launch of the small- and medium-enterprise (SME) fund CEO circle, which aims to propel economic growth and create employment. “This initiative is beginning to pay off and is operating at a level that matters most. SMEs create the jobs we...
President Cyril Ramaphosa says that government can no longer rely on factories and mines to create large-scale jobs, adding that small and medium enterprises is the new way. Ramaphosa was speaking at the launch of a private sector initiative called, SA SME Fund, where more than...
President Cyril Ramaphosa will launch the Business Leadership South Africa (BLSA) Connect and SA SME CEO Fund Circle in Johannesburg, the presidency said....