Summit Africa secures $20 million anchor investment for second private equity fund
With a focus on financial inclusion, digital transformation, and food security, SPEF II aims to drive impactful investments in underserved sectors.
SMEs
SMEs ‘woefully unprepared’ to meet growing threat of cyberattacks
Cyber insurance and practical measures can shield a business from devastating data breaches and ransomware attacks.
Access Bank and Sava aim to transform small-business banking in SA
Sava, a fintech startup backed by Access Bank South Africa, has received regulatory approval to launch a digital banking platform tailored to SMEs.
SARB warns of the risks if SA fails to exit the grey list by June 2025
The bank’s Financial Stability Review also flags the growing financial distress among households and SMMEs and the vulnerabilities in the commercial real estate sector.
Businesses face financing and workforce challenges despite growing optimism
Despite economic challenges, 81% of SMEs expect business growth in the next year, with confidence in the political landscape boosting optimism.
Loadshedding looms large – SMEs count the cost and explore tech innovations for resilience in 2024
Jeremy Lang, Chief Investment Officer at Business Partners Limited, provides a review of the SME sector in 2023, including key developments, challenges, and the outlook of the sector heading into 2024.
Structuring life insurance correctly for SME owners
Short-term insurance recently became one of the talking points of the July lootings after thousands of SMEs were affected by the riots, suffering loss and damage to assets. In the hopes of keeping […]
