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  • Business
    Small-scale farmers and livestock SMMEs in the North West are calling for urgent action to safeguard their businesses and livelihoods, after years of grappling with escalating crime and inadequate support.

    SMEs call for solutions as crime wave bites

    Eskom Development Foundation CEO, Cecil Ramonotsi

    Eskom’s business connect powers up SMEs

    Cranes operating amid backlog at Durban port, exporters say equipment bottlenecks are contributing to delays

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    According to industry estimates, ASM contributes R30–40 billion annually to the economy, yet most of this activity remains undocumented.

    Small scale miners await outcome of new mining bill

    Village tea crafters head to world’s largest food trade fair

    Banana farmers face a growing threat from Banana Bunchy Top Virus in Kwa Zulu-Natal

    Banana Bunchy Top Virus threatens farmers and jobs

    The commitments made at the recent G20 Tourism Ministers’ Meeting in
Mpumalanga could open new opportunities for tourism SMMEs in Southern Africa,
according to entrepreneurs in neighbouring Eswatini.

    Eswatini tourism SMEs eye G20 opportunities

    South Africa's first-ever G20 Tourism Hackathon Challenge has put the spotlight on
how technology can transform the country's tourism landscape and, crucially, how it
could open new doors for small businesses in rural and underrepresented
communities

    Youth tourism tech innovations hold promise for small businesses

    Itumeleng Seleke, CEO and operations manager of Nomusa BNB (Pty) Ltd in
Richards Bay, said the government’s push on destination marketing offers a chance
to diversify offerings and attract more visitors.

    Tourism plan brings fresh hope for small businesses

    City of Tshwane Mayor Dr Nasiphi Moya

    Tshwane turns empty properties into SME hubs

  • Agriculture
    Small-scale farmers and livestock SMMEs in the North West are calling for urgent action to safeguard their businesses and livelihoods, after years of grappling with escalating crime and inadequate support.

    SMEs call for solutions as crime wave bites

    According to industry estimates, ASM contributes R30–40 billion annually to the economy, yet most of this activity remains undocumented.

    Small scale miners await outcome of new mining bill

    Village tea crafters head to world’s largest food trade fair

    Banana farmers face a growing threat from Banana Bunchy Top Virus in Kwa Zulu-Natal

    Banana Bunchy Top Virus threatens farmers and jobs

    Township bakeries are facing huge challenges as the prices of wheat and flour soars.

    Township bakeries face ruin as wheat prices soar

    South Africa and Brazil have signed a landmark Memorandum of Intent to boost agricultural cooperation.

    South Africa and Brazil partner to strengthen agriculture

    Stock theft is threatening small rural farmers.

    Call for action as rising stock theft cripples rural SMMEs

    Small scale fishing permit holders are struggling against undocumented competitors. Photo. Mukurukuru Media

    Illegal fishing threatens livelihoods of documented fishers

  • Innovation
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    Innovators in race for $100,000 Mandela Rhodes Foundation prize

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    Varsity student Owethu Ndzabe has opened a car wash

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  • Finance
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    SA pushes for global SME compact at G20

    DTIC Minister Parks Tau is inviting business people and related stakeholders to submit their views on proposed new draft regulations. Photo. DTIC

    Proposed changes to credit regulations target SMEs

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    MEC Lebohang Maile during his budget vote at Gauteng Legislature

    Gauteng’s budget offers strategic investment in SMEs

    South African National Parks, in partnership with Sanlam, offers an interest-free loan program at Table Mountain in Cape Town. Photo: Facebook.

    More businesses to benefit from SANParks loan deal

    Finance Minister Enoch Godongwana

    R402 billion budget could open doors for construction SMEs

    Small Business Finance Development Agency has helped an entrepreneur to secure funding to invest in a filling station. Pic: Shell

    Franchise funding for entrepreneurs

    SMEs happy with Limpopo budget

    Limpopo Budget: hope for small businesses

    GEP deputy chairperson Phosane Mngqibisa

    Gauteng increases support for small businesses to access funds

  • Tourism
    The commitments made at the recent G20 Tourism Ministers’ Meeting in
Mpumalanga could open new opportunities for tourism SMMEs in Southern Africa,
according to entrepreneurs in neighbouring Eswatini.

    Eswatini tourism SMEs eye G20 opportunities

    South Africa's first-ever G20 Tourism Hackathon Challenge has put the spotlight on
how technology can transform the country's tourism landscape and, crucially, how it
could open new doors for small businesses in rural and underrepresented
communities

    Youth tourism tech innovations hold promise for small businesses

    Itumeleng Seleke, CEO and operations manager of Nomusa BNB (Pty) Ltd in
Richards Bay, said the government’s push on destination marketing offers a chance
to diversify offerings and attract more visitors.

    Tourism plan brings fresh hope for small businesses

    G20 Tourism Ministers Summit has opened new opportunities for SMEs

    Tourism Investment Summit unveils R1bn in new projects

    Minister of Tourism Patricia de Lille noted  that SMEs are the backbone of the industry.

    SMEs pin hopes on G20 tourism priorities

    Bead makers are hoping to cash in on the abundance of cultural events during Heritage Month. 
Photo: Lucas Ledwaba/Mukurukuru Media

    Bead makers look to cash in on Heritage Month festivities

    North West SMEs in the tourism sector are hoping to cash in on a new strategy shift by the provincial government. Photo. North West Arts and Culture

    Tourism strategy shift gives SMEs new hope

    Statistics show that more than 79 000 tourists from China visited the country in 2023/4.

    Mandarin training could give local tourism business the edge

    SMEs in the tourism sector in Eastern Cape are set to benefit from SanParks incubation program

    Tourism SMEs to benefit from Sanparks incubation initiative

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Beauty industry continues to feel effects of Covid-19

by Tebogo Mokwena
September 30, 2020
in Business
Reading Time: 4 mins read
A A
South Africa's beauty industry will still experience the financial aftermath long after the COVID-19 pandemic has passed.  Photo by Edgar Chaparro/Unsplash

South Africa's beauty industry will still experience the financial aftermath long after the COVID-19 pandemic has passed. Photo by Edgar Chaparro/Unsplash

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There will be a long lasting financial impact in the beauty industry even after the Covid-19 has left our shores.
The industry was already struggling because of the slow economic growth before Covid-19 and they were losing customers.
This is according to Frik Bekker, acting CEO of the National Bargaining Council for the Hairdressing, Cosmetology, Beauty and Skincare Industry who told Vutivi News that the lockdown added serious pressure on the beauty industry.
“With no work being able to be rendered from 27 March 2020 up to when Personal Care was allowed to return (19 June 2020) there was no income generated by these establishments and also no payments that could be made to employees
“The lockdown had the effect that many establishments went into serious debt to stay afloat while many were not able to reopen once the lockdown was lifted. In essence, all personal care establishments could return to work apart from those operating from resorts and hotels. These establishments are only now from 17 August able to return to work which meant a lockdown period for these salon owners and employees of almost 5 months with no income.”

READ MORE: Informal sector can help boost SA economy 

Bekker considered the hairdressing industry as a significant contributor to the country’s economy.
The total size of the hairdressing industry is evaluated over R1 billion (sell-in value) for the full year of 2019.
Knowing that the salons recharge products through services or retail between 50% and 60% more to clients, the market of hairdressing (including only wet hair = no hair extensions figures) is most probably over R2 Billion ZAR. Adding the beauty industry, the total should be exceeding R2.5 Billion.Vutivi News interviewed two hairdressers, both operating in zone 11 in Sebokeng in the Vaal. These men, who ply their trade transforming locals’ heads into the stuff that turned heads, have seen better days.
Lucky Nkuna, 27, who owns Thulani Salon, has been running his business since 2011. He has been doing people’s hair since he was a teenager, a trade he began playing when he was 13.
“I (opened) a hair salon because I wanted to have a business that is mine, as I was tired of working for other people,” adding that business was doing great before the pandemic.
“Even though days were not the same, we would see an average of ten people when it isn’t busy. Month-end and paydays would be different, since people had money to do more expensive hairstyles.”
Lucky closed for 21 days during the first lockdown, and then for two weeks afterwards. He was only able to operate again under level three. “I mean, business is extremely slow these days,” he said.
“I took a profit knock. Even when we were told to apply for relief funding, I couldn’t because I don’t have information regarding the relief funding,” he said.
Nkuna said that he was hoping that things would change since the country was placed under level two.
I see more people are going back to work, so maybe the number of customers will increase,” he said.
Sophania Makayi who also owns a hair salon in zone 11, Sebokeng said he had been running his salon since 2005, a trade he also learned in his youth. “Business was good, because most of my customers are school children. However, it has been increasingly difficult since this disease invaded our lives. I was even forced to lay off one employee because I simply cannot afford to pay another person.”
He said that young children and the youth were his biggest clients, but they have not been visiting the salon lately.
He said that he hoped that things would be different under level two since children would be going back to school so maybe things might go back to the way they were before.

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