In 2009 Harvard and Oxford graduate Yusuf Randera-Rees, and his partner Ryan Pakter, started the Awethu Project with a modest R60 000 - however their vision was everything but modest.
Dudu Msomi shares two interesting and informative scenarios with us, which demonstrate a couple of her processes - and provide valuable food for thought for any business leader.
It's the festive season - but also for burglars!
Don't let your business premises become a target over the December holiday period. Statistics show that business burglaries during this time of the year increase exponentially, especially in empty offices and buildings.
Grow your Business with the FNB Business Directory
It's one thing to run a business, it's another thing to market it and grow it.
Surviving Tough Times Requires a Survival Strategy
Every entrepreneur has heard the adage "cash flow is king", but how that translates into day-to-day tactics for your business, requires razor sharp focus on specific financial areas of your business, especially in tough economic times when external factors out of your control will impact your business.
Embrace tech, always. Forward thinking means combining technology with your business, there's simply no other way.
Invest Your Cash Reserves Wisely
Managing your SME business' cash flow is not just about maintaining revenue levels and ensuring that money owed is collected timeously, it is also about managing your cash reserves and balancing the risk of any investments you might make.
We are 100% South African. Many people think RocoMamas is of international origin, but it all started here.
eWallet Pro Helping the Recycling Industry
Sadly, there aren't enough businesses with women at the helm, but those who are making their mark have done so not only through their business acumen and attitude, but also with a little help from using appropriate cash management solutions.
Don't Allow Your Business to Become a Failed Statistic
It's a well-known fact that most start-ups close their doors not because they cannot generate revenue, but rather because they run into cash flow problems. Nowadays it's much easier to make cash flow predictions using online software and cloud solutions.
Reduce Business Costs Through Cashless Payment Solutions
There probably isn't a business that isn't considering how to reduce costs as it navigates its way through the current tough economic environment and South Africa's credit ratings downgrades. One area to explore is how you handle cash payments.
Macro-economic, sector and data highlights from the past week, and expectations for the week ahead, updated every Friday. Get insights into the state of the South African economy.
South Africa beats consensus expectations for the third quarter of 2017 - growth is up by 2%, driven by the agricultural, manufacturing and mining sectors.
The FNB Business INNOVATION Awards aim to recognise and celebrate the efforts of high impact entrepreneurs who have embraced many challenges to create world-class, industry-disrupting and scalable businesses that continue to forge unique ways of doing business. The winner of the awards will win an all-expenses paid trip to attend the Endeavor International Selection Panel in Buenos Aires, Argentina. This is a platform where they will have the opportunity to pitch their business to a credible panel of global business leaders and mentors, meet top investors, and rub shoulders with peers from around the world.