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    Small businesses are drowning in debt as they battle to meet their daily obligations

    SMEs drowning in debt: how they can avoid financial pitfalls

    SMEs in Limpopo look forward to rebuilding and growth as the province prioritizes infrastructure and flood recovery in its R95.8bn budget. Photo: Lucas Ledwaba/Mukurukuru Media

    SMEs set to benefit from R95.8bn infrastructure budget

    Small businesses charge extra for card transactions to cover bank costs. Photo. VISA

    Breaking the rules: how SMEs slip up with card transactions

    Township shop owners stay vigilant as shoplifting threatens their profits.

    Business crime: traders seek ways to beat shoplifters

    The anticipated return of major tourism events, including the Tourism Indaba, has renewed discussion about local procurement inclusion.

    Bad roads, broken fences threaten tourism SMEs sustainability

    Limpopo Premier Dr Phophi Ramathuba says the provincial government will broaden support to enterprises owned by women, youth, persons with disabilities and military veterans and will establish a Provincial Enterprise Development Technical Committee and a Broad-Based Economic Empowerment Committee. Photo. Limpopo Office of the Premier

    Limpopo set to establish B-BBEE committee during 2026\7

    Food and beverage products such as hemp milk, flour and edible oils could integrate into existing food-processing infrastructure. Photo. Minnesota Department of Agriculture

    R40 billion prize – why hemp is the next big SME frontier

    The outbreak of war in the Gulf region is likely to impact the SA business sector.

    SMEs to brace for higher costs as Middle East conflict rages

    Stock theft and robberies are crippling SMEs and farmers.

    Burglary and stock theft a growing threat to businesses

    Addressing Parliament during the 2026 State of the Nation Address, President Cyril Ramaphosa acknowledged the challenges facing small enterprises

    Business Licensing Bill: SMEs slam new ‘red tape’ risks

  • Agriculture
    The market is expected to create opportunities for SMMEs in logistics, packaging, cold storage and produce distribution.

    New produce hub to connect 150 000 farmers to global markets

    Lebohang Dhludhlu, founder of Nkanyezi Farming in eMalahleni.

    Spotlight on agriculture: women farmers demand greater backing

    Limpopo Premier Dr Phophi Ramathuba says the provincial government will broaden support to enterprises owned by women, youth, persons with disabilities and military veterans and will establish a Provincial Enterprise Development Technical Committee and a Broad-Based Economic Empowerment Committee. Photo. Limpopo Office of the Premier

    Limpopo set to establish B-BBEE committee during 2026\7

    Stock theft and robberies are crippling SMEs and farmers.

    Burglary and stock theft a growing threat to businesses

    Minister of Agriculture John Steenhuisen says private vets will be allowed to administer vaccination to combat FMD

    Private vets now eligible to register for FMD vaccine rollout

    Small butchers and meat traders face pressure as ASF-related supply losses push pork prices higher.

    Small butchers fight for survival as disease devastates sector

    The court application to place Tongaat Hulett Limited under provisional liquidation has sent shockwaves through KwaZulu-Natal’s sugar industry

    Tongaat Hulett liquidation will be ‘worst thing ever’ for farmers

    SA livestock face export restrictions from neighbouring
countries amid the foot-and-mouth disease outbreak. Photo:
doagov_za

    How FMD market suspensions are choking farming SMEs

  • 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

    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

    The Chief Commercial Officer of HisWay Labs, Mr Kent Gibbon, showcasing TrackView on Day 1 of the Rail Live 2025.

    South Africa’s small rail engineers target international markets

  • Finance
    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

    Government’s new shared payments platform, PayInc, aims to modernise South Africa’s digital transaction ecosystem, potentially lowering merchant fees and improving interoperability for small businesses.

    National budget unveils Paylinc to cut SME payment costs

    Discussions at the recent Franchise Association of South Africa’s (FASA) conference and expo in Johannesburg centred on how franchise-led expansion could address persistent constraints faced by SMEs. Photo. Proudly South African

    Franchising for SMEs – aligning skills, finance and growth

    SMEs are set to benefit from a R340 million deal between Dutch entrepreneurial development bank FMO and SA fintech lender Lula.

    SMEs set to benefit from R340 million lending deal

    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

  • Tourism
    The anticipated return of major tourism events, including the Tourism Indaba, has renewed discussion about local procurement inclusion.

    Bad roads, broken fences threaten tourism SMEs sustainability

    South African tourism businesses connect with international travel buyers at the country’s exhibition stand at ITB Berlin.

    How international tourism show can benefit SA’s SMEs

    Rural tourism SMMEs tackle youth unemployment despite financial strain.

    Tourism sector presses for sustainable youth employment.

    Tourism industry stakeholders warn the SA-Indonesia MoU must move beyond paper to drive real results.

    Tourism SMEs call for action beyond signing of MOUs

    President Cyril Ramaphosa described tourism as the jewel in the nation’s crown.

    Tourism SMEs ponder how to capitalise on growth after SONA

    SMEs in the tourism sector are looking for action on promises made during the 2026 SONA.

    Post-SONA: call to turn tourism growth into leadership capital

    The Mpumalanga Economic Development and Tourism, together with the NYDA, recently honoured Nyathi and 30 other young entrepreneurs at the Mpumalanga Tourism Youth Fund Grant Handover Ceremony

    Emerging entrepreneurs strategise for expansion post-funding

    Tourism SMEs are preparing to tap into the economic potential of the 2026 LIV Golf Tournament
Photo. LIV Golf

    SMEs can now create official 2026 LIV golf packages

    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

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    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 Reevenue Service is moving towaerds digitilisation of their collection services.

    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

    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 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

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Vutivi
  • Business
    Small businesses are drowning in debt as they battle to meet their daily obligations

    SMEs drowning in debt: how they can avoid financial pitfalls

    SMEs in Limpopo look forward to rebuilding and growth as the province prioritizes infrastructure and flood recovery in its R95.8bn budget. Photo: Lucas Ledwaba/Mukurukuru Media

    SMEs set to benefit from R95.8bn infrastructure budget

    Small businesses charge extra for card transactions to cover bank costs. Photo. VISA

    Breaking the rules: how SMEs slip up with card transactions

    Township shop owners stay vigilant as shoplifting threatens their profits.

    Business crime: traders seek ways to beat shoplifters

    The anticipated return of major tourism events, including the Tourism Indaba, has renewed discussion about local procurement inclusion.

    Bad roads, broken fences threaten tourism SMEs sustainability

    Limpopo Premier Dr Phophi Ramathuba says the provincial government will broaden support to enterprises owned by women, youth, persons with disabilities and military veterans and will establish a Provincial Enterprise Development Technical Committee and a Broad-Based Economic Empowerment Committee. Photo. Limpopo Office of the Premier

    Limpopo set to establish B-BBEE committee during 2026\7

    Food and beverage products such as hemp milk, flour and edible oils could integrate into existing food-processing infrastructure. Photo. Minnesota Department of Agriculture

    R40 billion prize – why hemp is the next big SME frontier

    The outbreak of war in the Gulf region is likely to impact the SA business sector.

    SMEs to brace for higher costs as Middle East conflict rages

    Stock theft and robberies are crippling SMEs and farmers.

    Burglary and stock theft a growing threat to businesses

    Addressing Parliament during the 2026 State of the Nation Address, President Cyril Ramaphosa acknowledged the challenges facing small enterprises

    Business Licensing Bill: SMEs slam new ‘red tape’ risks

  • Agriculture
    The market is expected to create opportunities for SMMEs in logistics, packaging, cold storage and produce distribution.

    New produce hub to connect 150 000 farmers to global markets

    Lebohang Dhludhlu, founder of Nkanyezi Farming in eMalahleni.

    Spotlight on agriculture: women farmers demand greater backing

    Limpopo Premier Dr Phophi Ramathuba says the provincial government will broaden support to enterprises owned by women, youth, persons with disabilities and military veterans and will establish a Provincial Enterprise Development Technical Committee and a Broad-Based Economic Empowerment Committee. Photo. Limpopo Office of the Premier

    Limpopo set to establish B-BBEE committee during 2026\7

    Stock theft and robberies are crippling SMEs and farmers.

    Burglary and stock theft a growing threat to businesses

    Minister of Agriculture John Steenhuisen says private vets will be allowed to administer vaccination to combat FMD

    Private vets now eligible to register for FMD vaccine rollout

    Small butchers and meat traders face pressure as ASF-related supply losses push pork prices higher.

    Small butchers fight for survival as disease devastates sector

    The court application to place Tongaat Hulett Limited under provisional liquidation has sent shockwaves through KwaZulu-Natal’s sugar industry

    Tongaat Hulett liquidation will be ‘worst thing ever’ for farmers

    SA livestock face export restrictions from neighbouring
countries amid the foot-and-mouth disease outbreak. Photo:
doagov_za

    How FMD market suspensions are choking farming SMEs

  • 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

    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

    The Chief Commercial Officer of HisWay Labs, Mr Kent Gibbon, showcasing TrackView on Day 1 of the Rail Live 2025.

    South Africa’s small rail engineers target international markets

  • Finance
    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

    Government’s new shared payments platform, PayInc, aims to modernise South Africa’s digital transaction ecosystem, potentially lowering merchant fees and improving interoperability for small businesses.

    National budget unveils Paylinc to cut SME payment costs

    Discussions at the recent Franchise Association of South Africa’s (FASA) conference and expo in Johannesburg centred on how franchise-led expansion could address persistent constraints faced by SMEs. Photo. Proudly South African

    Franchising for SMEs – aligning skills, finance and growth

    SMEs are set to benefit from a R340 million deal between Dutch entrepreneurial development bank FMO and SA fintech lender Lula.

    SMEs set to benefit from R340 million lending deal

    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

  • Tourism
    The anticipated return of major tourism events, including the Tourism Indaba, has renewed discussion about local procurement inclusion.

    Bad roads, broken fences threaten tourism SMEs sustainability

    South African tourism businesses connect with international travel buyers at the country’s exhibition stand at ITB Berlin.

    How international tourism show can benefit SA’s SMEs

    Rural tourism SMMEs tackle youth unemployment despite financial strain.

    Tourism sector presses for sustainable youth employment.

    Tourism industry stakeholders warn the SA-Indonesia MoU must move beyond paper to drive real results.

    Tourism SMEs call for action beyond signing of MOUs

    President Cyril Ramaphosa described tourism as the jewel in the nation’s crown.

    Tourism SMEs ponder how to capitalise on growth after SONA

    SMEs in the tourism sector are looking for action on promises made during the 2026 SONA.

    Post-SONA: call to turn tourism growth into leadership capital

    The Mpumalanga Economic Development and Tourism, together with the NYDA, recently honoured Nyathi and 30 other young entrepreneurs at the Mpumalanga Tourism Youth Fund Grant Handover Ceremony

    Emerging entrepreneurs strategise for expansion post-funding

    Tourism SMEs are preparing to tap into the economic potential of the 2026 LIV Golf Tournament
Photo. LIV Golf

    SMEs can now create official 2026 LIV golf packages

    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

  • Advertise
  • Resources
    • All
    • Business Tools & Templates
    • Compliance & Legal
    • Funding & Opportunities
    • Thoughts & Sharing tips
    • Township Policy & Government
    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 Reevenue Service is moving towaerds digitilisation of their collection services.

    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

    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 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

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SMME awards goes digital due to Covid-19

by Tebogo Mokwena
October 15, 2020
in Innovation
Reading Time: 3 mins read
A A
The Small Business Awards will be held online this year. Pictures from NSBC Facebook page.

The Small Business Awards will be held online this year. Pictures from NSBC Facebook page.

The National Small Business Council Business Awards afford all players in the sector u set one roof to network, exchange ideas while celebrating each other’s success.
But due to the coronavirus pandemic entrepreneurs will be denied this feat as it will be held virtually in keeping with health protocol.
This year the awards will be on November 12 NSBC founder CEO Mike Anderson said these awards are held annually to honour and celebrate the men and women behind the country’s fastest growing sector.
Anderson told Vutivi Business News that the inspiration behind the awards was the challenges that SMME owner face.

READ MORE: SMMEs set to benefit from localisation project

“The idea of these awards was conceived twelve years ago. The inspiration behind the awards was that it is tough out there for SMEs to survive and prosper.
“The awards was designed to inspire, encourage and recognize excellence within the SME sector and the mercurial entrepreneurs who own and operate these businesses, “ he said.
Anderson said that the Awards, also known as the South African Small Business Awards, is the largest and most successful awards programme of its kind in the world.
“It recognizes the tireless journey and excellence of SMEs and SME entrepreneurs throughout South Africa,” he noted.
The Awards are divided into five categories: National Small Business Champion, National Entrepreneur Champion, National Young Entrepreneur Champion, National Woman in Business Champion, and the Special Awards recognizing excellence that arises every year.
Prizes are in the format of massive recognition from the time the award is won and for years after, Anderson said.
Anderson also told Vutivi Business that the NSBC is the largest small business organization in South Africa and Africa and is currently the fastest growing organization of its kind in the world.
“The sole purpose of the NSBC is fostering the sustainability and growth of the small business sector with the primary mission of driving job creation through small businesses,” Anderson said.
The council had many initiatives focused on small business development and these initiatives were highly recognized and have proven to be extremely successful.
He also spoke highly of the significance of small business in the South African economy.
“Small business is the mainstay of our economy and the engines of our society. The future of job creation will come from the small business sector.
“Sixty-six percent of our working population work in a small business, and by 2030 more than 90% of the working population will work in a small business,” he said
Due to the COVID-19 pandemic, the 2020 South African Small Business Awards gala morning function will be a virtual online event to be hosted on 12 November.
An experienced panel of judges assess the entries and based on the criteria for each category select and announce the finalists.
The finalists and a prestigious guest list of big and small business decision makers are then invited to attend the glitzy online gala event where the winners are announced.

Tags: NSBC founderSMME awardsSMME focusSMMEs
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