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    According to Standard Bank’s SME client data, over 59 percent of daily transactions are still conducted in physical currency

    Small traders advised to manage holiday cash

    From R7 chilled water from a cooler box, entrepreneurs are turning summer heat into a thriving small business hustles.

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  • Agriculture
    Local processors say retailers are making more enquiries as import uncertainty grows.

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    Small scale poultry farmers brace for high festive season demand

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    Small farmers struggle to crack the big fresh-produce markets

  • Innovation
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    RMB payments set to improve import trade for SMEs

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

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    RMB payments set to improve import trade for SMEs

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    From left to right: Charles Wyeth, HEINEKEN Beverages; Vignesh Subramani, Absa CIB; Jordi Borrut, HEINEKEN Beverages; Sade Morgan, HEINEKEN Global; Joanna Price, HEINEKEN Global; Stephen Seaka, Absa CIB; Jan de Kock, Absa CIB

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  • Tourism
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    According to Standard Bank’s SME client data, over 59 percent of daily transactions are still conducted in physical currency

    Small traders advised to manage holiday cash

    Siviwe Township Tours opens a window into community, creativity and resilience, giving visitors an authentic sense of place and identity.

    Social media tools give township tourism a boost

    Cash flow survival tactics every entrepreneur should know

    On a picturesque farm in Fochville in western Gauteng, André Badenhorst the owner of Animal Farm is taking steps to implement the Protection of Personal Information Act (POPIA). Photo. Animal Farm

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    Meet the AI tools changing the game for SMEs

    South Africa's 2025 tax season is proving to be a major stress-test for small businesses

    How new businesses can avoid tax penalties

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  • Business
    According to Standard Bank’s SME client data, over 59 percent of daily transactions are still conducted in physical currency

    Small traders advised to manage holiday cash

    From R7 chilled water from a cooler box, entrepreneurs are turning summer heat into a thriving small business hustles.

    Enterprising street vendors turn water into profit

    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

    Rising pump prices have added new pressure to small businesses that rely on daily transport.

    Fuel price shock forces SMEs to rethink survival strategies

    Siviwe Township Tours opens a window into community, creativity and resilience, giving visitors an authentic sense of place and identity.

    Social media tools give township tourism a boost

    Bus vandalism threatens commuters, operators, and township economies across South Africa. Photo: Facebook

    Transport business sector reels from vandalism of busses

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

    SMEs brace for tough 2026 amid rising costs

    Local processors say retailers are making more enquiries as import uncertainty grows.

    Poultry farmers get the jitters over US chicken imports

    Poultry SMEs gear up for December demand. Photo: Udemy

    Small scale poultry farmers brace for high festive season demand

    JSE initiative set to unlock funding channels for Limpopo SMEs

  • Agriculture
    Local processors say retailers are making more enquiries as import uncertainty grows.

    Poultry farmers get the jitters over US chicken imports

    Poultry SMEs gear up for December demand. Photo: Udemy

    Small scale poultry farmers brace for high festive season demand

    Cash flow survival tactics every entrepreneur should know

    Limpopo litchi farmers cash in on the seasonal fruit

    SMEs in the agriculture sector say they are eager to grow their presence in global markets, but producers say they continue to face steep financial and technical barriers that make export participation difficult. Photo. Lucas Ledwaba\Mukurukuru Media

    Small scale farmers face steep barriers in export market

    Mangoe farmers in Limpopo are cashing in on the high demand from the booming atchaar industry. Photo. Facebook

    Mango season drives atchaar trade in Limpopo

    Small scale grain producers are set to benefit from a R23million government cash injection. Photo. CSPI

    R23m cash injection set to boost small-scale grain producers

    Small-scale farmers say limited access to major fresh-produce markets continues to restrict their growth.

    Small farmers struggle to crack the big fresh-produce markets

  • Innovation
    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

    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

    Shesha Energy Drink, made from locally sourced sugarcane, marks a new step toward innovation in South Africa’s agro-processing sector.

    Shesha energy drink refreshes canegrowers’ hopes

    Global information services company Experian is using artificial intelligence (AI) to help scores of South Africans who have lived and worked outside the formal banking system into the network. Photo. Lucas Ledwaba\Mukurukuru Media

    Experian new tools give small business credit access

    The Faraday Taxi Association has introduced a cashless VIP card to help commuters save time

    Taxi VIP card to ease commuter experience

    Young barbers are scaling operations and finding new ways to grow their businesses. Photo. Shutterstock

    Barbers clipping their way into thriving SMEs

    CSIR’s sodium-Ion battery project poised to power SMEs

    Andile Ngcaba, chairman of Solcon Capital.

    Fund set to support township and rural ISPs

  • Finance
    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

    The United Kingdom has announced a series of new partnerships and investments aimed at helping small businesses grow, creating jobs, and supporting digital innovation in South Africa.

    UK partnerships to boost SA small businesses

    From left to right: Charles Wyeth, HEINEKEN Beverages; Vignesh Subramani, Absa CIB; Jordi Borrut, HEINEKEN Beverages; Sade Morgan, HEINEKEN Global; Joanna Price, HEINEKEN Global; Stephen Seaka, Absa CIB; Jan de Kock, Absa CIB

    Black-owned SMEs to gain from Absa and Heineken R1.2 billion fund

    African Bank is rolling out a new system to help small suppliers to manage cash flow

    Bank’s new system to help small suppliers manage cash flow

    Minister of Finance Enoch Godongwana delivering his mid term budget. Photo. GCIS

    Medium term budget gives SMEs hope

    The MTBS could unlock opportunities in the tourism sector. Photo: Lucas Ledwaba\Mukurukuru Media

    SMEs cautiously optimistic on Godongwana budget

    Small business owners say the latest annual report by the Department of Small Business Development under Minister Stella Ndabeni-Abrahams has given them hope

    Annual report shows state funding for entrepreneurs is improving

  • Tourism
    South African and Mozambican flags fly together, reflecting the countries’ renewed commitment to deeper tourism cooperation and regional growth.

    SA – Moz tourism deal to unlock opportunities for SMEs

    Siviwe Township Tours opens a window into community, creativity and resilience, giving visitors an authentic sense of place and identity.

    Social media tools give township tourism a boost

    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

    Shabalala Interpretation of Culture Centre in Mpumalanga is ready to welcome tourists during the festive season.

    Tourism cultural villages spice up services ahead of holidays

    Tourism SMEs across South Africa gearing up for festive season. Photo. www.sowetotowers.co.za

    Tourism SMEs gear up for a demanding festive season

    Medical tourism is on the rise in South Africa.

    SMEs ask for more support as SA’s medical tourism sector grows

    Limpopo province boasts a variety of game lodges and other accommodation facilities to cater for different types of travellers. Photo: Limpopo Tourism Agency

    Tourism SMEs prepare for rapid expansion in Limpopo

    Tomato fields at M.V. Zulu Farming

    Agritourism growth fuels rural economy

    Visitors to the Singo Tented Camp enjoy the experience of spending a night in a tent under the towering baobab trees Photo: Lucas Ledwaba/Mukurukuru Media

    Industry voices call for tourism system reform to empower SMEs

  • Advertise
  • Resources
    • All
    • Business Tools & Templates
    • Compliance & Legal
    • Thoughts & Sharing tips
    • Township Policy & Government
    According to Standard Bank’s SME client data, over 59 percent of daily transactions are still conducted in physical currency

    Small traders advised to manage holiday cash

    Siviwe Township Tours opens a window into community, creativity and resilience, giving visitors an authentic sense of place and identity.

    Social media tools give township tourism a boost

    Cash flow survival tactics every entrepreneur should know

    On a picturesque farm in Fochville in western Gauteng, André Badenhorst the owner of Animal Farm is taking steps to implement the Protection of Personal Information Act (POPIA). Photo. Animal Farm

    How one farmer applies the POPI Act to protect customer data

    TymeBank introduced ChatSME, a large language model (LLM) targeting South African entrepreneurs.

    Meet the AI tools changing the game for SMEs

    South Africa's 2025 tax season is proving to be a major stress-test for small businesses

    How new businesses can avoid tax penalties

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Cape Town gears up for youth entrepreneur competition 

by Moipone Malefane
February 20, 2025
in Business
Reading Time: 2 mins read
A A
City of Cape Town opens YouthStartCT applications

City of Cape Town opens YouthStartCT applications

By Azwidohwi Mamphiswana

The #YouthStartCT Entrepreneurial Challenge, an annual initiative by the City of Cape Town, provides funding, mentorship and resources to support young entrepreneurs. 

As the competition enters its latest cycle, the question arises whether it can help young business owners achieve long-term success?

This year, the challenge features five categories – manufacturing, agriculture, finance and business services, information technology and tourism. Open to youth aged 18-35, entrants must submit applications by 16 March, the winners announced in June.

The competition acts as an accelerator for start-up entrepreneurs, offering seed funding, mentorship and networking opportunities to connect with investors, while providing valuable coaching and visibility to top performers.

In 2024, the competition recognised standout winners in various categories. 

The top three winners in the existing business category were Charnelle Davids of Khula Cosmetics, Katlego Montewa of Promage Consulting and Yanga Ngcayisa of YNOT Health.

In the business ideas categories, the winners included Siphokuhle Mcotshana of Mcotshana Holding (manufacturing), Chad Wyngaard of Hydroponic Solar Container Farming (agriculture), Prince Malandela Masimini of Sip Spot Café (finance and business services), Oratile Keamogetse Mojaki of Connect Student (IT), and Wilmarie January of Cape Tourian (tourism).

The competition offers young entrepreneurs opportunities for visibility, networking and skills development. Winning provides a significant boost to a business’s profile and consumer trust. 

However, some winners face challenges accessing long-term funding and scaling their businesses in a competitive market.

The City of Cape Town emphasises its critical role in fostering local entrepreneurship.

“This flagship youth development programme offers opportunities for new ideas and collaboration between participants, coaching and mentoring, and seed funding for the top performers,” said community services and health MMC Francine Higham.

While the challenge is praised for its efforts, experts argue that local government support should extend beyond initial backing. Entrepreneurs need ongoing infrastructure, market access and consistent guidance to sustain their businesses in the long run.

Tags: SMMEs and financeSMMEs and manufacturingYouthStartCT Entrepreneurial
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