Vutivi
  • Business
    Statistics South Africa (Stats SA) reports that 1 534 businesses entered liquidation in 2025, with about 100 closures recorded in December alone. Photo. burgerhuyserattorneys.co.za

    Over 1 500 businesses folded in 2025 as economic pressures peak

    FASA CEO Freddy Makgato has highlighted how franchising systems, structured support, and partnerships are making entrepreneurship more accessible to first-time business owners. Photo. FASA\Facebook

    FASA championing franchising as engine for entrepreneurship

    Analysts have highlighted that the extension short term AGOA extension limits longer-term planning for businesses of all sizes

    Analysts warn short term AGOA extension limits long term planning

    Small-scale poultry farmers are set to benefit from a Rainbow Chicken initiative that includes the handing out of 100 chicks to boost their businesses. Photo. Wikipedia

    New initiative hatches growth for small-scale poultry farmers

    The 2025 festive season confirmed that cashless commerce is no longer a trend but a structural feature of the economy. Photo. Standard Bank

    Festive spending shows double digit growth in cashless payments

    Small business traders like hawkers at the Tshakhuma Market in Limpopo are now left to carry the costs of the damages resulting from the floods. Photo. Limpopo Tourism Agency\Facebook

    Informal traders and SMEs carry huge losses after flooding

    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

    Livestock stokvels are taking off as people seek to escape the cost of rising food prices. Photo. Lucas Ledwaba\Mukurukuru Media

    Livestock stokvels emerge amidst rising food prices

    Profit and not size is key for red meat producers

    Washed-out infrastructure in flood-hit provinces restricts access to tourism routes, contributing to cancellations and revenue losses for SMEs. Photo: Internet

    Tourism SMEs seek urgent relief after floods crisis

  • Agriculture
    President Cyril Ramaphosa engages with US President Donald Trump during a working visit to the US last year. South Africa has the US's decision to extend the AGOA trade deal that will benefit SA businesses including SMEs. Photo. GCIS

    AGOA extension buys time for SMEs but structural risks remain

    Small-scale poultry farmers are set to benefit from a Rainbow Chicken initiative that includes the handing out of 100 chicks to boost their businesses. Photo. Wikipedia

    New initiative hatches growth for small-scale poultry farmers

    Milk production drops as the foot-and-mouth outbreak pushes prices higher. Photo: allaboutfeed.net

    Milk and meat prices soar and farmers count costs as FMD spreads

    Livestock stokvels are taking off as people seek to escape the cost of rising food prices. Photo. Lucas Ledwaba\Mukurukuru Media

    Livestock stokvels emerge amidst rising food prices

    Profit and not size is key for red meat producers

    Cattle farmers in affected provinces are holding animals longer as foot-and-mouth disease movement controls continue to restrict market access.

    Foot-and-mouth curbs push small-scale farmers to the brink

    Kenya is leading the charge in promoting biogas technology as a renewable energy source. Photo. Go Green East Africa

    Biogas emerges as opportunity for small scale farmers

    Farmers in Vhembe district of Limpopo are pleading for help after floods destroyed their crops. Facebook

    Farmers plead for help after floods destroy their crops

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

    Innovative building technologies to unlock opportunities for SMEs

    Funeral parlours now offer extra packages that include after-tears-parties to attract clients. Photo. Twitter/X

    Funeral parlours add after-tears packages to boost businesses

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

    Innovative entrepreneur’s app helps students access varsity

    Township-based tutoring businesses are emerging as an important and fast-growing support system. Photo. CPD Online College

    Back-to-school rush boosts township tutoring businesses

    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

    CSIR robotics experts Dr Sunveer Matadin (white shirt) and community health worker and disability consultant Ruth Stubbs with the Buddy4Life cerebral palsy prototype device, 26 November 2025.

    Science research body seeks SME support for new health product

    eNL Mutual Bank is a new entrant in the banking sector.

    Women owned mutual bank enters banking sector

    Import dependent SMEs hope RMB payments will reduce delays and exchange rate losses.

    RMB payments set to improve import trade for SMEs

    South Africa’s tourism sector is positioning itself for a more tech-driven future following the launch of a Smart Tourism Visitor Information Centre (VIC) at OR Tambo International Airport.

    ORT airport digital centre gives SMEs exposure

  • Finance
    The 2025 festive season confirmed that cashless commerce is no longer a trend but a structural feature of the economy. Photo. Standard Bank

    Festive spending shows double digit growth in cashless payments

    Zelma Matinise is the sixth woman to become a Sorbet franchise owner through the Bidvest Bank Sorbet-Preneur iniative.

Photo: Supplied

    Sorbet-Preneur model unlocking SME ownership for women

    Cattle farmers in affected provinces are holding animals longer as foot-and-mouth disease movement controls continue to restrict market access.

    Foot-and-mouth curbs push small-scale farmers to the brink

    A student accommodation in Soshanguve Block H that assists students who are still struggling to get access to school residence

    Township property owners make good business from student rentals

    South African Reserve Bank Governor Lesetja Kganyago stated that the new 3% inflation target has enabled the country to enter a low-inflation environment.

    South Africa’s 3% inflation target could offer stability for SMEs

    Experts advise SMEs to keep a clean financial record to secure loans. Photo. Banking Association of SA

    Experts warn SMEs about lack of understanding of bank fees

    Santam’s London launch marks significant shift for SA’s insurer

    Small businesses anticipate steady economic gains in 2026

    Rising tax pressure puts SMEs under strain ahead of 2026 budget

    eNL Mutual Bank is a new entrant in the banking sector.

    Women owned mutual bank enters banking sector

  • Tourism
    Washed-out infrastructure in flood-hit provinces restricts access to tourism routes, contributing to cancellations and revenue losses for SMEs. Photo: Internet

    Tourism SMEs seek urgent relief after floods crisis

    Hotel 247 meets European buyers. Hotel 247 director Khosi Mthalane said the programme is offering rare exposure to international buyers and strengthening confidence among participating SMEs.

    Tourism roadshow opens European market for local operators.

    A German couple hosted by Shepherd Tourism Tours in Bloemfontein on the 10th of January 2026, showcasing the Free State as a province to go to, not a province to go through.

    Tourism SMEs seek to beat off season blues

    Sandton Convention Centre stands ready to host Meetings Africa 2026, positioning Johannesburg at the centre of Africa’s business events dialogue.

    Africa’s tourism sector calls for impact at Meetings Africa

    Township taverns are seeing a drop in match-day crowds. Photo: issuu.com

    Entertainment SMEs running on empty after Bafana’s Afcon exit

    Tourism entrepreneurs close 2025 with cautious optimism

    Qantas – Joburg route opens new growth avenues for tourism SMEs

    Boardwalk has created space for informal traders. Sun-Park-Events

    Premier fun complex creates business space for small traders

    In preparation for peak season demand, accommodation providers across the country have scaled up operations.

    Hospitality sector scales up operations for festive season

  • Advertise
  • Resources
    • All
    • Business Tools & Templates
    • Compliance & Legal
    • Funding & Opportunities
    • Thoughts & Sharing tips
    • Township Policy & Government
    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

    Funeral parlours now offer extra packages that include after-tears-parties to attract clients. Photo. Twitter/X

    Funeral parlours add after-tears packages to boost businesses

    When government payments run late, small businesses can really feel the pinch on their cash flow.

    How SMEs can beat violation of 30 day payment policy

    A traditional clothing store in Port elizabeth located at Njoli

    Traditional wear businesses thrive during imigidi season

    A student accommodation in Soshanguve Block H that assists students who are still struggling to get access to school residence

    Township property owners make good business from student rentals

    Quiet trading floors in January are forcing many small businesses to delay new hires until cash flow improves.

    Hiring on hold as slow January trading squeezes cash flow

    Bricklayers and small construction teams operating as micro-enterprises, often without formal registration, access to finance, or long-term contracts.

    Informal builders behind growing home building economy

    Government blacklisting can affect more than contracts, it can shape how banks view your business.

    How government blacklisting can affect your business

    Bank confirmation letters are consistently cited by contracting authorities as a mandatory compliance document for tender submissions

    Why bank confirmation letters are crucial in tendering

No Result
View All Result
Vutivi
  • Business
    Statistics South Africa (Stats SA) reports that 1 534 businesses entered liquidation in 2025, with about 100 closures recorded in December alone. Photo. burgerhuyserattorneys.co.za

    Over 1 500 businesses folded in 2025 as economic pressures peak

    FASA CEO Freddy Makgato has highlighted how franchising systems, structured support, and partnerships are making entrepreneurship more accessible to first-time business owners. Photo. FASA\Facebook

    FASA championing franchising as engine for entrepreneurship

    Analysts have highlighted that the extension short term AGOA extension limits longer-term planning for businesses of all sizes

    Analysts warn short term AGOA extension limits long term planning

    Small-scale poultry farmers are set to benefit from a Rainbow Chicken initiative that includes the handing out of 100 chicks to boost their businesses. Photo. Wikipedia

    New initiative hatches growth for small-scale poultry farmers

    The 2025 festive season confirmed that cashless commerce is no longer a trend but a structural feature of the economy. Photo. Standard Bank

    Festive spending shows double digit growth in cashless payments

    Small business traders like hawkers at the Tshakhuma Market in Limpopo are now left to carry the costs of the damages resulting from the floods. Photo. Limpopo Tourism Agency\Facebook

    Informal traders and SMEs carry huge losses after flooding

    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

    Livestock stokvels are taking off as people seek to escape the cost of rising food prices. Photo. Lucas Ledwaba\Mukurukuru Media

    Livestock stokvels emerge amidst rising food prices

    Profit and not size is key for red meat producers

    Washed-out infrastructure in flood-hit provinces restricts access to tourism routes, contributing to cancellations and revenue losses for SMEs. Photo: Internet

    Tourism SMEs seek urgent relief after floods crisis

  • Agriculture
    President Cyril Ramaphosa engages with US President Donald Trump during a working visit to the US last year. South Africa has the US's decision to extend the AGOA trade deal that will benefit SA businesses including SMEs. Photo. GCIS

    AGOA extension buys time for SMEs but structural risks remain

    Small-scale poultry farmers are set to benefit from a Rainbow Chicken initiative that includes the handing out of 100 chicks to boost their businesses. Photo. Wikipedia

    New initiative hatches growth for small-scale poultry farmers

    Milk production drops as the foot-and-mouth outbreak pushes prices higher. Photo: allaboutfeed.net

    Milk and meat prices soar and farmers count costs as FMD spreads

    Livestock stokvels are taking off as people seek to escape the cost of rising food prices. Photo. Lucas Ledwaba\Mukurukuru Media

    Livestock stokvels emerge amidst rising food prices

    Profit and not size is key for red meat producers

    Cattle farmers in affected provinces are holding animals longer as foot-and-mouth disease movement controls continue to restrict market access.

    Foot-and-mouth curbs push small-scale farmers to the brink

    Kenya is leading the charge in promoting biogas technology as a renewable energy source. Photo. Go Green East Africa

    Biogas emerges as opportunity for small scale farmers

    Farmers in Vhembe district of Limpopo are pleading for help after floods destroyed their crops. Facebook

    Farmers plead for help after floods destroy their crops

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

    Innovative building technologies to unlock opportunities for SMEs

    Funeral parlours now offer extra packages that include after-tears-parties to attract clients. Photo. Twitter/X

    Funeral parlours add after-tears packages to boost businesses

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

    Innovative entrepreneur’s app helps students access varsity

    Township-based tutoring businesses are emerging as an important and fast-growing support system. Photo. CPD Online College

    Back-to-school rush boosts township tutoring businesses

    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

    CSIR robotics experts Dr Sunveer Matadin (white shirt) and community health worker and disability consultant Ruth Stubbs with the Buddy4Life cerebral palsy prototype device, 26 November 2025.

    Science research body seeks SME support for new health product

    eNL Mutual Bank is a new entrant in the banking sector.

    Women owned mutual bank enters banking sector

    Import dependent SMEs hope RMB payments will reduce delays and exchange rate losses.

    RMB payments set to improve import trade for SMEs

    South Africa’s tourism sector is positioning itself for a more tech-driven future following the launch of a Smart Tourism Visitor Information Centre (VIC) at OR Tambo International Airport.

    ORT airport digital centre gives SMEs exposure

  • Finance
    The 2025 festive season confirmed that cashless commerce is no longer a trend but a structural feature of the economy. Photo. Standard Bank

    Festive spending shows double digit growth in cashless payments

    Zelma Matinise is the sixth woman to become a Sorbet franchise owner through the Bidvest Bank Sorbet-Preneur iniative.

Photo: Supplied

    Sorbet-Preneur model unlocking SME ownership for women

    Cattle farmers in affected provinces are holding animals longer as foot-and-mouth disease movement controls continue to restrict market access.

    Foot-and-mouth curbs push small-scale farmers to the brink

    A student accommodation in Soshanguve Block H that assists students who are still struggling to get access to school residence

    Township property owners make good business from student rentals

    South African Reserve Bank Governor Lesetja Kganyago stated that the new 3% inflation target has enabled the country to enter a low-inflation environment.

    South Africa’s 3% inflation target could offer stability for SMEs

    Experts advise SMEs to keep a clean financial record to secure loans. Photo. Banking Association of SA

    Experts warn SMEs about lack of understanding of bank fees

    Santam’s London launch marks significant shift for SA’s insurer

    Small businesses anticipate steady economic gains in 2026

    Rising tax pressure puts SMEs under strain ahead of 2026 budget

    eNL Mutual Bank is a new entrant in the banking sector.

    Women owned mutual bank enters banking sector

  • Tourism
    Washed-out infrastructure in flood-hit provinces restricts access to tourism routes, contributing to cancellations and revenue losses for SMEs. Photo: Internet

    Tourism SMEs seek urgent relief after floods crisis

    Hotel 247 meets European buyers. Hotel 247 director Khosi Mthalane said the programme is offering rare exposure to international buyers and strengthening confidence among participating SMEs.

    Tourism roadshow opens European market for local operators.

    A German couple hosted by Shepherd Tourism Tours in Bloemfontein on the 10th of January 2026, showcasing the Free State as a province to go to, not a province to go through.

    Tourism SMEs seek to beat off season blues

    Sandton Convention Centre stands ready to host Meetings Africa 2026, positioning Johannesburg at the centre of Africa’s business events dialogue.

    Africa’s tourism sector calls for impact at Meetings Africa

    Township taverns are seeing a drop in match-day crowds. Photo: issuu.com

    Entertainment SMEs running on empty after Bafana’s Afcon exit

    Tourism entrepreneurs close 2025 with cautious optimism

    Qantas – Joburg route opens new growth avenues for tourism SMEs

    Boardwalk has created space for informal traders. Sun-Park-Events

    Premier fun complex creates business space for small traders

    In preparation for peak season demand, accommodation providers across the country have scaled up operations.

    Hospitality sector scales up operations for festive season

  • Advertise
  • Resources
    • All
    • Business Tools & Templates
    • Compliance & Legal
    • Funding & Opportunities
    • Thoughts & Sharing tips
    • Township Policy & Government
    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

    Funeral parlours now offer extra packages that include after-tears-parties to attract clients. Photo. Twitter/X

    Funeral parlours add after-tears packages to boost businesses

    When government payments run late, small businesses can really feel the pinch on their cash flow.

    How SMEs can beat violation of 30 day payment policy

    A traditional clothing store in Port elizabeth located at Njoli

    Traditional wear businesses thrive during imigidi season

    A student accommodation in Soshanguve Block H that assists students who are still struggling to get access to school residence

    Township property owners make good business from student rentals

    Quiet trading floors in January are forcing many small businesses to delay new hires until cash flow improves.

    Hiring on hold as slow January trading squeezes cash flow

    Bricklayers and small construction teams operating as micro-enterprises, often without formal registration, access to finance, or long-term contracts.

    Informal builders behind growing home building economy

    Government blacklisting can affect more than contracts, it can shape how banks view your business.

    How government blacklisting can affect your business

    Bank confirmation letters are consistently cited by contracting authorities as a mandatory compliance document for tender submissions

    Why bank confirmation letters are crucial in tendering

No Result
View All Result
Vutivi
No Result
View All Result

Youth entrepreneurs bank on premier’s fund for growth

by Zanele Songo
October 30, 2025
in Finance
Reading Time: 3 mins read
A A
Youth owned enterprises in Mpumalanga are benefitting through  funding by the Premier's Youth Development Fund.

Youth owned enterprises in Mpumalanga are benefitting through funding by the Premier's Youth Development Fund.

Seventeen young entrepreneurs across Mpumalanga are taking bold steps to grow their businesses through the Premier’s Youth Development Fund (PYDF).

The fund is an initiative by the Office of the Premier, Mandla Ndlovu, aimed at empowering youth-led enterprises and boosting inclusive economic growth.

Relatedstories

No Content Available

The fund provides financial assistance to credible businesses run by young people, with payments made directly to suppliers for approved purchases.

This ensures that resources are used strategically to promote accountability and sustainable growth. Priority is given to entrepreneurs from historically disadvantaged backgrounds, including women, persons with disabilities, and those based in rural areas.

Nompumelelo Epheniah Masango, founder of Kas’Lam Lifestyle Bites in Moloto, said the funding represents more than financial support and recognises hard work and vision.

“My business idea grew from my passion for food and serving my community,” she said.

“I noticed a real gap for a restaurant and catering service that combines quality meals, accessibility, and reliable delivery. People loved our food, but many couldn’t access it easily because there wasn’t an online ordering or delivery option.”

Even though she hasn’t received the money yet, signing the contract has already been a turning point.

“It shows that my vision and hard work are being recognised. The support will help me upgrade equipment, set up online ordering and delivery, and expand catering services, giving the business a real chance to grow sustainably,” she told Vutivi Business News.

Masango plans to invest in essential kitchen equipment, marketing, and digital ordering systems.

“This step-by-step approach ensures every purchase contributes to long-term progress,” she added.

Another beneficiary, Bheki Ngomane from Nkomazi, founded NJ Communications and Technology in 2020 to fill the gap in ICT services and artificial intelligence solutions for local businesses.

His company specialises in Voice over Internet Protocol (VoIP) systems, digital marketing, and CCTV installations with smart security features, targeting both public and private sector clients.

Ngomane said the fund will help him overcome material shortages, transportation challenges, and limited marketing reach, all major obstacles for small tech businesses.

“The support will allow us to acquire necessary licenses, buy equipment, and hire at least three or four young people in our community,” he said.

He believes the funding will not only help his business grow but also expand access to digital solutions in Mpumalanga.

“It’s a chance to make our services known across the province and eventually throughout South Africa,” Ngomane said.

Both entrepreneurs agree that funding alone is not enough. They highlight the importance of mentorship, training, and ongoing business support for long-term sustainability.

“The premier’s office has linked us with business advisors who help us manage our operations better,” Ngomane said.

“Access to more mentors, especially in our specific industries, will help us make smarter business decisions.”

Masango added that skills development and exposure to new markets are crucial.

“With mentorship, market access, and the right guidance, Kas’Lam Lifestyle Bites can grow into a recognised brand that delivers quality, community impact, and youth empowerment,” she said.

zanele@vutivibusiness.co.za

 

Tags: Bheki NgomaneKas’Lam Lifestyle BitesMpumalanga Youth Development FundNJ Communications and TechnologyNompumelelo Epheniah Masango
ShareShareTweetSendSend
Previous Post

Shesha energy drink refreshes canegrowers’ hopes

Next Post

SMEs in a tizzy as Black Friday fever stirs

Zanele Songo

Zanele Songo

Zanele Songo is a journalist at Vutivi Business News who began her reporting journey in 2022. With a versatile writing style, she has covered a wide range of beats including sports, news, and feature stories. Recently, her focus has shifted toward spotlighting young entrepreneurs, small businesses, and innovation in South Africa’s townships.

More business news that you might like

The 2025 festive season confirmed that cashless commerce is no longer a trend but a structural feature of the economy. Photo. Standard Bank

Festive spending shows double digit growth in cashless payments

February 5, 2026
Zelma Matinise is the sixth woman to become a Sorbet franchise owner through the Bidvest Bank Sorbet-Preneur iniative.

Photo: Supplied

Sorbet-Preneur model unlocking SME ownership for women

February 1, 2026
Cattle farmers in affected provinces are holding animals longer as foot-and-mouth disease movement controls continue to restrict market access.

Foot-and-mouth curbs push small-scale farmers to the brink

February 1, 2026

Latest entrepreneurship news

Statistics South Africa (Stats SA) reports that 1 534 businesses entered liquidation in 2025, with about 100 closures recorded in December alone. Photo. burgerhuyserattorneys.co.za

Over 1 500 businesses folded in 2025 as economic pressures peak

February 5, 2026
President Cyril Ramaphosa engages with US President Donald Trump during a working visit to the US last year. South Africa has the US's decision to extend the AGOA trade deal that will benefit SA businesses including SMEs. Photo. GCIS

AGOA extension buys time for SMEs but structural risks remain

February 5, 2026
FASA CEO Freddy Makgato has highlighted how franchising systems, structured support, and partnerships are making entrepreneurship more accessible to first-time business owners. Photo. FASA\Facebook

FASA championing franchising as engine for entrepreneurship

February 5, 2026
Analysts have highlighted that the extension short term AGOA extension limits longer-term planning for businesses of all sizes

Analysts warn short term AGOA extension limits long term planning

February 5, 2026

Vutivi is a digital business news platform that will serve the Small Medium Micro Enterprises in the form of writing stories that will be informative about their sector. We pledge to deliver a commercially sustainable, world-class digital financial and business news service that is a must-read while being responsive to readership needs and tailor-making packages for SMMEs.

Categories

  • Agriculture
  • Analysis
  • Business
  • Business Tools & Templates
  • Compliance & Legal
  • Finance
  • Funding & Opportunities
  • Government Business
  • Innovation
  • Profile
  • Resources
  • Thoughts & Sharing tips
  • Top story
  • Tourism
  • Township Policy & Government

Get in Touch

Email

news@vutivibusiness.co.za

© 2026 Vutivi // Website by Area of Effect.

Advertise / Privacy Policy / Contact

No Result
View All Result
  • Business
  • Agriculture
  • Innovation
  • Finance
  • Tourism
  • Advertise
  • Resources

© 2026 Vutivi // Website by Area of Effect.