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    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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  • 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

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  • Innovation
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    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

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    Science research body seeks SME support for new health product

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

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    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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    ORT airport digital centre gives SMEs exposure

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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

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    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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    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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Buy Local Summit a great opportunity for small businesses

by Moipone Malefane
March 13, 2025
in Business, Top story
Reading Time: 3 mins read
A A
Happy Ngidi of Proudly South Africa. Picture: Supplied

Happy Ngidi of Proudly South Africa. Picture: Supplied

By Noko Mashilo

Scores of entrepreneurs are set to benefit from an event that unites industry leaders, entrepreneurs, policymakers and consumers to strengthen South Africa’s economy through local procurement.

Proudly South African, will host the 13th annual Buy Local Summit Expo on 17 and 18 March at the Sandton Convention Centre in Johannesburg.

Standard Bank is one of the sponsors and the summit will feature insightful discussions, networking opportunities and exhibitions showcasing top locally made products and services.

Attendees can expect expert panels, business matchmaking sessions and key insights on how supporting local industries drives economic growth and job creation.

As a crucial platform for championing locally manufactured goods, the event enables SMEs to grow, access markets and achieve sustainability.

Naledzani Mosomane, who heads up enterprise and supplier development at Standard Bank’s business commercial banking, emphasised the bank’s commitment to empowering entrepreneurs.

“The Buy Local Summit and Expo provides SMEs with opportunities to showcase their capabilities and establish strategic partnerships. Prioritising local procurement strengthens supply chains, stimulates economic activity, fosters innovation and creates jobs,” said Mosomane.

Through various enterprise supplier development programmes, Standard Bank engages SMEs by providing insights, tools and networking opportunities to foster sustainable growth.

“Local procurement strengthens South Africa’s economy, turning possibility into opportunity. Integrating SMEs into supply chains builds a robust, inclusive economy that can compete globally,” she added.

Proudly SA chief marketing officer Happy Makhumalo Ngidi highlighted the event’s role in helping SMEs scale operations and overcome challenges like limited access to finance and market linkages.

“These engagements demonstrate how localisation fosters economic stability, reducing reliance on imports and promoting self-sufficiency,” said Ngidi.

She added that localisation was a collective effort.

“Proudly SA is thrilled to partner with Standard Bank, ensuring we collectively boost the economy and alleviate unemployment.”

She also emphasised that supporting local businesses created a ripple effect of growth, job creation and industry development.

“The Buy Local Summit and Expo is more than just an event; it’s a movement that champions South African businesses and shifts mindsets towards local support,” Ngidi said.

She noted that increasing demand for locally produced goods strengthened industries like manufacturing, retail and agriculture.

“As SMEs navigate an evolving economic landscape, platforms like the summit remain crucial for positioning them for success. It fosters a culture of economic empowerment, where businesses collaborate, innovate, and drive sustainable growth,” Ngidi concluded.

*For more information and to REGISTER FOR FREE as a delegate or buyer,
visit: https://proudlysa.co.za/buy-local-summit/.

Noko@vutivibusiness.co.za

 

Tags: SMMEs and buy localSMMEs and Proudly SASMMEs and Standard Bank
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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.

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