The status quo on regulating crypto-currencies in South Africa
It's unclear when the South African Reserve Bank will publish a formal policy paper requiring crypto-asset service providers to register at a central point, but when it does happen it will pave the way for closer monitoring and potential future regulation.
FNB Business Innovation Awards 2019 entries open
Following overwhelming responses from entrepreneurs, the FNB Business Innovation Awards (FNB BIA) have been extended to include two more categories, and now represents the entire business landscape in South Africa.
FNB Supports National Entrepreneur Workshops
As part of a long-term commitment to help educate, develop and stimulate the small business sector in South Africa, FNB is extending its partnership with I AM AN ENTREPRENEUR for another three years.
Getting Your Business Tax Affairs In Order
The end of February marked the end of yet another tax year (March 2018 - February 2019) for companies, trusts, close corporations and all individuals, but the end of one year also means it's time to prepare for the new tax year.
Inadequate Short-Term Insurance Can Impact Business Sustainability
One of the most commonly overlooked priorities when starting and running a business is taking out adequate short-term insurance cover to cater for unforeseen risks.
The legal status of your business can impact its longevity
All companies might be businesses, but not all businesses are, in the legal sense, companies. It's an important distinction, with several implications for business owners, implications that can affect how you optimise revenues and ensure sustainability.
Four dangers of business underinsurance
In another article, the focus was on insurance as one of the most overlooked priorities when starting a business and how it can impact business sustainability. In this article, we focus on the risks of being underinsured. This is a common peril that many SMEs face when submitting a claim following an insured event.
Factors To Consider When Applying For Business Credit
Getting your business to the point where you're braced for growth can often require funding and while getting any form of credit is not something one should rush into, it may be needed if you're looking to expand your business and have a solid plan for how you believe additional financing can help you achieve this.
Explore New Financing Options To Help You Grow
Running into cash flow problems because debtors aren't paying their bills can be the single most cited reason for many businesses closing their doors. It's not about reflecting the growing revenue, but rather an ability to collect the revenue timeously that is the challenge, but there are formal financial solutions to the problem, so it's worth educating yourself about some of the options available.
1Q19 GDP contracted by 3.2% q/q (saar), significantly undershooting the market's worst expectation on -2.2% (Bloomberg consensus). This follows a 1.4% q/q growth in 4Q18 GDP. On an annual basis, GDP growth was flat.
South Africa has recorded negative agriculture growth, with the sector's GDP contracting by just over 13% on a seasonally adjusted quarter-on-quarter basis. Both fruit and vegetable volumes are down for Q1 2019, though there is light at the end of the tunnel with citrus exports for the year expected to reach record highs...