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    Obake Phale is living a dream he has always nurtured: obtaining a solid education, starting a business, and becoming his own boss

    How budding entrepreneur built water business dream drop by drop

    President Cyril Ramaphosa and President Duma Boko during the closing session of the South Africa–Botswana Bi-National Commission in Gaborone, where both countries reaffirmed efforts to boost trade and economic cooperation.
Photo: GovZA

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    Johannesburg Mayor Dada Morero outlines economic and infrastructure plans during the 2026 State of the City Address.

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    Soaring rentals and scarce space squeeze informal tradersand SMEs

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    Business organisations warn that compliance-heavy formalisation could place pressure on struggling traders.

    Plan to formalise 11,000 SMEs sparks compliance fears

    Rise in inflation is putting SMEs under strain

    SMEs brace for pressure as inflation jumps to 4%

    Government says SMEs remain central to South Africa’s economic growth strategy, Entrepreneurs say long funding waiting periods continue placing pressure on small businesses.

    Township economy receives major funding boost in 2026/7 budget

    SME funding has improved access to finance through the partnership between Ozow and Lula.

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    Excitement over the African Development Bank’s (AfDB) Microgreen funding programme has been overshadowed by frustration among small businesses in KaMhlushwa in Mpumalanga.

    Excitement turns to frustration as AfDB funding deadline nears

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    Limpopo’s renewed investment in agro-processing, agricultural infrastructure and rural industrialisation is raising hopes among small businesses. Photo: Lucas Ledwaba\Mukurukuru Media

    Limpopo agribusiness plan raises hope for SMEs

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    Deputy Minister of Trade, Industry and Competition Alexandra Abrahams speaking at the launch of ClearScore’s South African headquarters in Cape Town.

    ClearScore expansion signals credit access for entrepreneurs

    Soweto based developer Seati Moloi  is disrupting the tech industry by putting proudly South African wearable devices in the global market. Photo. Supplied

    Soweto tech innovator shakes up the industry

    How AI is reshaping South African media companies

    The adoption of biometric identity solutions among SMEs is likely to face practical barriers

    How SMEs can navigate biometric implementation challenges

    Youth-led startups are changing tech’s narrative. Photo. UN

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    Innovative building technologies (IBTs) are set to transform South Africa’s housing sector while opening new opportunities for SMEs. Photo. Dept of  Human Settlements

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    A new app helps school leavers find vacancies at varsities and relevant courses. Photo. Wits University

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    DSTI's Director-General Dr Mlungisi Cele and CSIR CEO Dr Thulani Dlamini during the launch of CSIR's Hot Isostatic Press facility. Photo: CSIR

    New CSIR facility opens advanced manufacturing access for SMEs

    A locally developed point-of-care diagnostic test for foot and mouth disease (FMD) is expected to strengthen business continuity in South Africa’s livestock sector. Photo. Stellenbosch University

    Foot and mouth diagnostic innovation offers relief for farmers

  • Finance
    Rise in inflation is putting SMEs under strain

    SMEs brace for pressure as inflation jumps to 4%

    Container traffic at South African ports remains under pressure as businesses call for faster infrastructure reforms.

    R2.7bn loan deal brings relief but SMEs remain under pressure

    SME funding has improved access to finance through the partnership between Ozow and Lula.

    Ozow and Lula partner to boost SME funding access in SA

    Entrepreneurs are increasingly citing compliance barriers, poor communication and rigid lending criteria as major obstacles to accessing capital.

    SMEs still locked out despite billions in available funding

    South African Reserve Bank Governor Lesetja Kganyago has cautioned that interest rate decisions remain finely balanced as policymakers confront rising inflation risks triggered by global supply shocks. Photo. Rhodes University

    SA suffers like everyone and it could get worse – SARB governor

    The NEF notes in its report that Onkabetse Civils and Mining has received approximately R10 million in investment through the blended finance programme. Photo. Onkabetse Civils

    R10m NEF investment powers woman owned civil engineering company

    Gauteng has allocated R36.4 billion for infrastructure development over the medium term, creating potential supply chain opportunities for small businesses.

    Gauteng’s R36.4bn infrastructure drive opens doors for SMEs

    Provincial expenditure momentum is boosting procurement activity, but small contractors warn that payment timing remains critical for business sustainability.

    Accelerated provincial spending sparks SME procurement fears

    Skills system reforms place focus on employability, with implications for SME labour costs and productivity.

    How dual training could save SMEs billions

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    National budget unveils Paylinc to cut SME payment costs

  • Tourism
    South African Tourism Minister Patricia de Lille and Mauritian Tourism Minister Richard Duval during the signing of a tourism cooperation agreement at Africa’s Travel Indaba 2026 in Durban. Photo: DoT

    Will SA–Mauritius tourism pact unlock SME growth?

    Limpopo is positioning tourism infrastructure as part of a broader economic development strategy aimed at attracting investors. Photo. Lucas Ledwaba\Mukurukuru Media

    Tourism infrastructure anchors Limpopo’s investor strategy

    The delegation from the province's five districts showcased accommodation, wellness services, cultural tourism and adventure experiences to both local and international buyers. Photo. Ledet

    Tourism indaba showcases rural-based small enterprises

    Southern African countries are looking to tap into the multi-million dollar bird watching tourism sector. Photo. Pogiso Heaven Modise\Heaven Wildlife Photography

    Southern Africa eyes billion dollar birding tourism market

    As Africa’s Travel Indaba returns under the theme Unlimited Africa: Growing Africa’s Tourism Economy, emerging operators say the high cost of visibility continues to shut smaller players. Photo. Department of Tourism

    Locked out: why tourism SMEs miss SA’s R2-trillion table

    Car spinning has evolved into a nationally recognised motorsport that attracts fans, content creators, and visitors from across provinces. Photo. Lucas Ledwaba

    Engines roar and tyres screech to drive Mbombela tourism

    Small businesses and communities operating along South Africa’s state dams, including Nandoni Dam, may be affected by new proposed water regulations.
Photo: Royal Hills

    How new dam regulations could undermine SME growth

    tourism sites remain under-monetised by local businesses

    New Mpumalanga tourism route aims to drive SME growth

    Pageants offer accessible entry points into industries such as fashion, beauty and events, particularly for young entrepreneurs in townships.

    Township beauty pageants and events power informal SME networks

  • Advertise
  • Resources
    • All
    • Business Tools & Templates
    • Compliance & Legal
    • Funding & Opportunities
    • Thoughts & Sharing tips
    • Township Policy & Government
    Banking giant Nedbank advises businesses to adjust to new reality hardships by applying a number of helpful tips

    Expert tips on avoiding liquidation as business closures mount

    GEP’s latest mentor recruitment drive aims to give Gauteng SMEs access to specialist advice in finance, operations, compliance and growth planning.

    Tips for SMEs as GEP opens mentorship drive

    Small business owner managing stock using a digital point-of-sale system.

    How digital tools give SMEs the edge in stock control

    Small business owners receive mentorship and training through a social enterprise programme.

    How social enterprises are driving sustainable job creation

    The Khi Solar One energy plant in Northern Cape. Photo. Franz Reinisch

    Solar and wind projects drive economic growth beyond the city

    The South African Revenue Service  has shattered the R2 trillion threshold, collecting R2.01 trillion in net revenue for the 2025/26 financial year.

    Tax changes entrepreneurs can’t ignore as taxman updates systems

    Experts warn that compliance and tax issues are becoming increasingly common particularly among SMEs. Photo. Sabinet

    Experts advise on triggers for account freezes as SMEs stumble

    Business compliance checks form part of the process when opening a business bank account in South Africa.

    Mastering FICA and CIPC – avoid delays in bank account approval

    Small businesses say access to equipment funding remains one of the biggest barriers to growth.

    SMEs assess reopened asset assist plan as funding gap persists

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Mr.Slimfit: crafting more than suits

by Guest author
April 17, 2025
in Business, Top story
Reading Time: 5 mins read
A A
Theo Ngobeni of bespoke fashion house

Theo Ngobeni of bespoke fashion house

Possibly one of the most fashionably debonair men in Johannesburg, Theo Ngobeni of bespoke fashion house Mr.Slimfit,  dresses some of the country’s most powerful business titans. He tells Lesley Mofokeng that fashion and style have become more than tailored suits, but an experience, hence the Mr.Grapeful venture that mixes fashion and wine.

  1. How has your entrepreneurship journey been so far?

My journey has been one of passion, resilience, and continuous learning. Transitioning from investment banking to the fashion industry was a bold move, but my love for style and personal branding fuelled my vision for Mr.Slimfit. Over the years, I’ve built more than just a clothing brand—I’ve created a lifestyle experience that merges luxury fashion with refined living. The journey has been filled with challenges, but also incredible growth and opportunities to redefine how people approach personal style.

  1. What has been the toughest business lesson you learnt?

I’ve learned that passion alone is not enough—structure, financial discipline, and strategic planning are essential for sustainability. When I started, I focused primarily on the creative and branding aspects, but I quickly realised that mastering the numbers, managing cash flow, and building solid operational systems were just as critical.

  1. What business principles do you live by?

Excellence and consistency: Always deliver the highest quality and never compromise on standards.

Customer-centric approach: Understand and anticipate the needs of your clients to create unforgettable experiences.

Innovation and adaptability: The business landscape evolves, and staying ahead requires constant innovation and reinvention.

  1. How has the business of fashion and styling evolved since you started, and how has that impacted what you do?

Fashion has become more personalised and experience-driven. Clients no longer just want a well-tailored suit; they want a full lifestyle experience that aligns with their identity. Social media and digital platforms have also changed how people interact with brands, making storytelling and personal branding more crucial. This shift has inspired me to incorporate lifestyle elements like grooming, wine and whiskey experiences into Mr.Slimfit, elevating the brand beyond just clothing.

  1. What are the 3 things every entrepreneur needs to survive business?

Resilience: The road is tough, and setbacks are inevitable. The ability to push through is crucial.

Strong network and relationships: Business is built on trust and connections; who you know can be crucial in business.

Financial intelligence: Understanding cash flow, pricing, and sustainable growth is non-negotiable.

  1. How has your faith influenced your decision-making?

My faith has been my anchor, especially in times of uncertainty. Entrepreneurship is a journey of risk and belief, and my faith has given me the strength to make bold decisions, trust the process, and stay grounded even when things don’t go as planned. It also guides my values in business: integrity, humility, and a commitment to excellence.

  1. What have been the challenges and opportunities of running Mr.Slimfit?

One major challenge has been scaling the business while maintaining the exclusivity and high standards that define the brand. The pandemic also forced us to rethink our strategy and embrace digital platforms more aggressively. However, these challenges have also presented opportunities, such as expanding our offering into lifestyle experiences, collaborating with other luxury brands, and tapping into new markets beyond South Africa.

  1. What has been your lowest point in business and your highest?

The lowest point was in the early years when I underestimated the financial demands of running a bespoke fashion business. There were moments when cash flow was tight, and I had to make tough decisions to keep the business afloat. The highest point has been seeing Mr.Slimfit become a recognised luxury brand, dressing high-profile clients, and creating an experience-driven brand that goes beyond just fashion.

  1. What’s the most precious accolade you have received and why?

Every recognition means something special to me. However, one of the most fulfilling moments has been seeing our clients wear a Mr.Slimfit suits on international stages with confidence. It reinforced the impact of what we do: helping people look and feel their best.

  1. What are your projections for the future?

For Mr.Slimfit, I want to expand our reach globally while maintaining our exclusivity. We are working on more lifestyle-driven experiences and strategic collaborations. Mr.Grapeful is growing into a platform that merges luxury fashion with wine culture, and I’m excited to see where that goes. On a personal level, I aim to inspire more entrepreneurs, share my journey, and build a legacy that blends business, style, and culture.

Tags: Bespoke fashionMr.Slimfit dressesTheo Ngobeni
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