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    Naledzani Mosomane, Head of Enterprise and Supplier Development at Standard Bank South Africa, says the expanded Export Readiness Programme will help more SMEs become export-ready.
Photo: Supplied

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  • Business
    Naledzani Mosomane, Head of Enterprise and Supplier Development at Standard Bank South Africa, says the expanded Export Readiness Programme will help more SMEs become export-ready.
Photo: Supplied

    Standard Bank and DHL partner to expand SME exports

    Durban July pumps R1bn into KZN economy, fuels SME growth

    Third-party marketplace sellers now account for 60% of Takealot’s gross merchandise value, cementing the role of small businesses in defending local market leadership against global entrants.

    Takealot’s profitability opens doors for more than 30 000 SMEs

    July electricity tariff hikes pile pressure on South Africa’s small businesses. 

Photo: Sourced

    Tariff hikes hit SMEs as new electricity costs take effect

    Thulamela itensifies crackdown on illegal trading in Thohoyandou

    Thousands of people marched across South Africa in coordinated demonstrations calling for stronger action on undocumented migration. Photo. SAPS

    Nationwide marches disrupt informal economy as traders shut doors

    TUT students juggle studies and business amid financial struggles

    gap: As SACU extends its industrial strategic roadmap to 2029 due to funding constraints, small manufacturing suppliers face prolonged capital blockages and delayed procurement cycles.

    SACU’s 2029 industrial delay hits manufacturing SMEs

    the City of Tshwane conducted an inspection operation at Navy House, a multi-tenant commercial building on Madiba Street known for housing dozens of small beauty businesses. Photo. Facebook

    City’s blitz on popular Navy House exposes compliance failures

    Workers at Dziphathu Green Tech Bio Briquette Project in Bende outside Pafuri Gate process organic waste into eco-briquettes used for cooking and heating.

    How rural green enterprise turned organic waste into a business

  • Agriculture
    Poultry farmer and catering entrepreneur Sharon Ramoganyane from Ga Maila Mapitsane village in Sekhukhune, Limpopo, runs two successful businesses

    Young entrepreneur turns farming passion into thriving enterprise

    Phodzo Tshikosi's  passion for beekeeping has grown into a thriving honey business in Tshavhalovhedzi village, Nzhelele, Limpopo.

    Passionate young beekeeper turns buzz into sweet enterprise

    Standard Bank Group says it mobilised R3.45 billion for climate-smart agriculture over the past year. Photo. World Bank

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    Kanego Sandra Thamane of Nolengka Farm at the Agri5 Expo in Tzaneen. Photo: Supplied

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    Seedling suppliers are seeing growing demand as more consumers invest in growing vegetables at home.

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    Rising milk prices are putting pressure on small dairy farmers, bakers, and consumers as costs climb across South Africa’s food value chain.
Photo:Supplied

    Livestock disease costs dairy farmers R1bn, supply at risk

    South African farmers brace for possible El Niño conditions as global forecasts warn of risks ahead of the 2026/27 season.

    SA’s agri-sector enters risk zone amid El Niño warnings

  • Innovation

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    Oratile Sibanyoni is a young entrepreneur with a mission. Photo. Lorraine Mokhatla

    Entrepreneur pioneers smart bin to revolutionise waste management

    A long wait for care at a hospital gave Sibongile Mongadi an idea for her business. Photo. Supplied

    Soweto creator redefines prosthetics through local manufacturing

    Innovator Tshepiso Malema has designed a digital solution to help farmers.

    Agritech platform brings digital precision to livestock farming

    Setšong Tea Crafters was able to overcome barriers that often keep rural enterprises out of mainstream retail channels. Photo. Lucas Ledwaba\Mukurukuru Media

    Indigenous tea finds new market in Kruger National Park

    Sibusiso Shabangu, a Mpumalanga waste-to-fuel innovator, says his project is on hold as he completes regulatory compliance requirements.

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    Deputy Minister of Trade, Industry and Competition Alexandra Abrahams speaking at the launch of ClearScore’s South African headquarters in Cape Town.

    ClearScore expansion signals credit access for entrepreneurs

    Soweto based developer Seati Moloi  is disrupting the tech industry by putting proudly South African wearable devices in the global market. Photo. Supplied

    Soweto tech innovator shakes up the industry

    How AI is reshaping South African media companies

    The adoption of biometric identity solutions among SMEs is likely to face practical barriers

    How SMEs can navigate biometric implementation challenges

  • Finance
    Naledzani Mosomane, Head of Enterprise and Supplier Development at Standard Bank South Africa, says the expanded Export Readiness Programme will help more SMEs become export-ready.
Photo: Supplied

    Standard Bank and DHL partner to expand SME exports

    Minister Stella Ndabeni Abrahams officiates the handover of a Caterpillar excavator to Mbalelanga Trading Enterprise under the Business Infrastructure Support Programme in Buffalo City Metropolitan Municipality.
Photo: DSBD

    Ministerial Small Business Clinic equipment donation boosts SMEs

    The government has introduced temporary fuel price relief worth R17.2 billion due to rising global fuel costs linked to the Middle East conflict.

    Treasury keeps fiscal stability despite global conflict

    Rise in inflation is putting SMEs under strain

    SMEs brace for pressure as inflation jumps to 4%

    Container traffic at South African ports remains under pressure as businesses call for faster infrastructure reforms.

    R2.7bn loan deal brings relief but SMEs remain under pressure

    SME funding has improved access to finance through the partnership between Ozow and Lula.

    Ozow and Lula partner to boost SME funding access in SA

    Entrepreneurs are increasingly citing compliance barriers, poor communication and rigid lending criteria as major obstacles to accessing capital.

    SMEs still locked out despite billions in available funding

    South African Reserve Bank Governor Lesetja Kganyago has cautioned that interest rate decisions remain finely balanced as policymakers confront rising inflation risks triggered by global supply shocks. Photo. Rhodes University

    SA suffers like everyone and it could get worse – SARB governor

    The NEF notes in its report that Onkabetse Civils and Mining has received approximately R10 million in investment through the blended finance programme. Photo. Onkabetse Civils

    R10m NEF investment powers woman owned civil engineering company

    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

  • Tourism

    Durban July pumps R1bn into KZN economy, fuels SME growth

    SANParks SMME funding programme surpasses R50 million in support for small businesses.

    Small businesses net over R50m through SANParks contracts

    Setšong Tea Crafters was able to overcome barriers that often keep rural enterprises out of mainstream retail channels. Photo. Lucas Ledwaba\Mukurukuru Media

    Indigenous tea finds new market in Kruger National Park

    Communities around Hazyview and Mpakeni want clarity on whether the fencing project will empower local contractors or be dominated by outside firms

    SMEs seek slice of R37m Kruger fencing project

    Tourists visiting the Kruger National Park could soon be encouraged to explore Mozambique and Eswatini through the new TriLand regional tourism initiative.

    TriLand tourism plan could boost Mpumalanga’s economy

    South African Tourism Minister Patricia de Lille and Mauritian Tourism Minister Richard Duval during the signing of a tourism cooperation agreement at Africa’s Travel Indaba 2026 in Durban. Photo: DoT

    Will SA–Mauritius tourism pact unlock SME growth?

    Limpopo is positioning tourism infrastructure as part of a broader economic development strategy aimed at attracting investors. Photo. Lucas Ledwaba\Mukurukuru Media

    Tourism infrastructure anchors Limpopo’s investor strategy

    The delegation from the province's five districts showcased accommodation, wellness services, cultural tourism and adventure experiences to both local and international buyers. Photo. Ledet

    Tourism indaba showcases rural-based small enterprises

    Southern African countries are looking to tap into the multi-million dollar bird watching tourism sector. Photo. Pogiso Heaven Modise\Heaven Wildlife Photography

    Southern Africa eyes billion dollar birding tourism market

  • Advertise
  • Resources
    • All
    • Business Tools & Templates
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    • Township Policy & Government
    Naledzani Mosomane, Head of Enterprise and Supplier Development at Standard Bank South Africa, says the expanded Export Readiness Programme will help more SMEs become export-ready.
Photo: Supplied

    Standard Bank and DHL partner to expand SME exports

    A multi-billion-rand manufacturing boom is taking shape as South Africa accelerates industrialisation through regional value chains under the Southern African Customs Union (SACU).

    How SMEs can win big from SACU’s new industrial hubs

    Many businesses are building their online presence on platforms they do not own, which means they have no real control over how their content is shared or seen.

    Top tips on how entrepreneurs can grow their online presence

    Entrepreneurs should prepare financial records and plans as lenders assess credit, cash flow and repayment. Photo: finzway

    How to improve your chances of scoring that business loan

    Innovation-led industrialisation aims to strengthen manufacturing, create jobs and integrate SMEs into regional value chains. Photo: ceo monthly

    SMEs set to benefit from innovation-led industrialisation drive

    Taxpayers are advised to make use of digital platforms such as eFiling and the SARS MobiApp to improve accuracy and efficiency during submission

    Tax experts urge early preparation as filing season nears

    Junior Makgoka, the founder of JJ Café in Moletjie, a sprawling village settlement west of Polokwane, is carving out a remarkable entrepreneurial path. Photo. Lucas Ledwaba\Mukurukuru Media

    How SMEs can tap into 10 overlooked funding opportunities

    The Spaza Shop Support Fund is not reaching as many township and rural businesses as intended. Lucas Ledwaba\Mukurukuru Media

    Township spaza owners say fund remains out of reach

    Many businesses are building their online presence on platforms they do not own, which means they have no real control over how their content is shared or seen.

    How small brands turn social media into free marketing power

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Buy Local Summit empowers SMMEs to grow

by Tebogo Mokwena
March 16, 2023
in Business
Reading Time: 3 mins read
A A
Proudly South African CEO Eustace Mashimbye

Proudly South African CEO Eustace Mashimbye

By: Tebogo Mokwena

Small businesses are being encouraged to attend this year’s Proudly South African Buy Local Summit and Expo as it will empower their enterprises to expand and give them access to a wealth of information through networking. According to owners of SMMEs who attended the summit last year, they had acquired the knowledge needed to increase production, made new contacts and overcome some hurdles, including dealing with red tape.

The summit is set to return this year at the Sandton Convention Centre on 27 and 28 March. All Day Jam’s founder Gontse Selaocoe, who attended last year’s summit and will also be at this one, said that the information he obtained from buyers from retail stores like Pick n Pay, Spar and Makro helped him understand what compliance measures he needed to adopt. He now knew how to test his products, had a barcode, and a Proudly South African certificate. He was also able to receive funding from Gauteng Enterprise Propeller and the Small Enterprise Development Agency, as well as machinery from the Innovation Hub.

Selaocoe told Vutivi News that this year he hoped to meet the same buyers from the 2022 summit. “I want to share with them the progress I made,” he said. Also attending this year’s summit would expose him to new suppliers and retailers to supply, as well as give him an opportunity to network.

Wendy Vesela-Ntimbani also attended the summit online last year and anticipated that her products would be on retail shelves this year. Her company, Matombani, produces protein-based foods from mopane worms, which are rich in protein. “As a manufacturer, it is important to attend such summits because you get the opportunity to meet buyers from retail, showcase your products and associate yourself with other businesses in the same sector,” she said.

Meanwhile, Tina Macalagh, who is the co-founder of clothing brand Lesela and attended last year’s summit as a panellist and spoke about its contribution to the clothing and textile sector, said the exposure her business received had resulted in more customers. This increased its sales and revenue. She told Vutivi News that she was also able to connect with industry giants, and as a result, she had received mentoring from one of the business owners. “I learned that one of the greatest things to know as business owners is that we can learn a lot from each other, and the same people that we see as competition can be our mentors and teachers,” Macalagh said.

The summit is expected to attract over 2000 delegates, and it comes at a time when the county is focusing more than ever on localisation to help build the economy and create jobs, instead of relying heavily on imports. Proudly South African CEO Eustace Mashimbye said in a statement that the objective of the summit was to lobby all tiers and agencies of government to prioritise localisation in their procurement processes, and also encourage corporate South Africa to increase its uptake of locally sourced and manufactured goods.

SMMEs will also have access to the Business Solutions Hub which comprises entities and organisations such as the Consumer Goods Council of SA, the Department of Trade, Industry and Competition, the Small Enterprise Development Agency and the Small Enterprise Finance Agency.

 

Tags: Gontse SelaocoeProudly South African CEO Eustace MashimbyeProudly South African certificate
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