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

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  • Business
    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

    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

    Wind and operational issues hold fruit exports at Cape Town port.

    SMEs hit by delays at Cape Town port

    Construction partnership drives SME participation

    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

    Widespread flooding threatens livelihoods in tourism sector

    Komani Pitso, executive vice president for Procurement and Logistics (IMSAf), Lubin Ozoux, CEO, (Dunlop Tyres), Matthew Nondwayi (Eastern Cape Tyres), and Billy Tom, president (IMSAf)

    Local supplier moves into Isuzu’s automotive value chain

    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.

    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

    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

  • Agriculture
    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 battle rising waters and losses as heavy rains damage fields and livelihoods. Photo: Steffen Schneider

    Flood disaster deepens crisis for small-scale farmers

    Smallholder farmers are counting heavy losses as floods and persistent rains submerge livestock kraals across parts of Limpopo.
Photo: The Guardian

    Floods expose vulnerability of uninsured farmers

    The table grape and raisin industry is preparing for the 2026 harvest season. Photo. Lucas Ledwaba\Mukurukuru Media

    Table grape industry aims to reduce risks during 2026 harvest

    Farmers are hoping to meet strict tax and admin compliance regulations in the new year.

    Farmers aim to meet tax and admin compliance in new year

    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

    Eastern Cape village farmers are cashing in on festivities during the December holidays. Photo. Lucas Ledwaba\Mukurukuru Media

    Village farmers coining it as communities throw festive feasts

    Western Cape Minister of Agriculture, Economic Development and Tourism Dr Ivan Meyer with  Paul Siguqa. Photo: Facebook

    Black wine cellar owner breaks new ground in industry value chain

  • Innovation
    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

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    SMEs in the Tshwane Metro have been given an opportunity to learn online marketing skills. Graphic. nanos.ai

    SMEs look to score from Tshwane’s free digital marketing course

  • Finance
    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

    Small businesses are still feeling the pinch despite recent economic growth, with many consumers sticking to essentials and delaying larger purchases

    SMEs cautious as GDP growth fails to translate into real gains

    SMEs say cost pressures are increasing as price hikes become unavoidable. Photo: Facebook

    SMEs brace for tough 2026 amid rising costs

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

    RMB payments set to improve import trade for SMEs

    Experts agree that global commitments made at the G20 Leaders’ Summit could unlock significant benefits for small businesses

    G20 Summit could unlock significant benefits for SMEs

  • Tourism
    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

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    Tourism entrepreneurs close 2025 with cautious optimism

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

    Premier fun complex creates business space for small traders

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    Hospitality sector scales up operations for festive season

    Rental operators say December bookings for long-distance travel have surged.

    Festive rush gives car rental companies the voooma

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

    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

    Parents shop selectively for school essentials as rising costs reshape back-to-school spending.

    January spending squeeze tightens margins for township retailers

    Minister Stella Ndabeni-Abrahams says the government has injected over R760 million into small businesses.

    SMEs continue to face challenges despite R760m state investment

    The SA Revenue Services is sourcing third-party data from banks and other sources.

    SARS incorporates third party data from banks and other sources

    For traders operating near school gates and taxi drivers transporting learners daily, the reopening of schools often marks the first chance to stabilise income after uneven December trading

    Traders and transport operators face back-to-school pressure

    Minister Stella Ndabeni Abrahams'  Department of Small Business Development has re-launched the Asset Assist Programme which was previously implemented through the Small Enterprise Development and Finance Agency.

    Emerging businesses concerned over state’s Asset Assist Programme

    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

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Entrepreneur advocates for precast concrete

by Tebogo Mokwena
November 10, 2022
in Business
Reading Time: 3 mins read
A A
Thandi Mkhonza owner of Prospero SA

Thandi Mkhonza owner of Prospero SA

By: Tebogo Mokwena

When Thandi Mkhonza discovered the benefits of precast concrete, she made it her mission to prove that it was more than just a replacement for shacks. She also set out on an entrepreneurial journey to convince the government to adopt precast concrete for their temporary buildings, and she believes that she still has a long way to go. However, through her business, Prospero SA, she is getting there.

According to Mkhonza, her business came into existence almost accidentally. “I actually overheard my father having a conversation with a friend of his about the possibility of building houses with precast and the conversation piqued my interest,” she told Vutivi News. “I had no background in construction. In fact, I had worked in the banking sector for six years. However, I was determined to explore this sector because I really believed that I was onto something.”

But Mkhonza discovered that starting the business cost a lot of money, more money than she had. “It was expensive to conduct the research, and it was even difficult to convince people to believe in my vision,” she said. “When we started the business in 2017, we did not have money to purchase the equipment. “We were able to receive equipment and non-financial assistance from the Small Enterprise Development Agency in 2019, and the following year they also provided us with moulds for precast that looks like bricks.”

Prospero was then able to start building structures for homes, churches, storerooms, offices and even man caves in Gauteng. However, the business took a knock during the Covid-19 pandemic as some of its equipment was stolen. “At that time, a lot of churches had already paid deposits for projects, but we couldn’t deliver so we fell into debt due to using some of that money to employ security companies to protect our premises.” Mkhonza told Vutivi News.

“We even stopped operating for a year after that, and I went to look for a job.” However, the entrepreneur did not last long at her job and decided to give her business another go. “I could not let go of my dream,” she said. “Precast is a unique material, and besides that, I am also a problem solver.” Mkhonza does not regret her decision as her business is slowly picking up in Gauteng.

She said that she had also received many calls from those affected by floods in KwaZulu-Natal and was looking to expand to that province. “I want to teach women in rural areas and in other provinces to be able to do the same, and teach them the tricks of the trade,” Mkhonza told Vutivi News.

Tags: Prospero SASmall Enterprise Development AgencyThandi Mkhonza
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