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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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    Bank confirmation letters are consistently cited by contracting authorities as a mandatory compliance document for tender submissions

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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

    Government blacklisting can affect more than contracts, it can shape how banks view your business.

    How government blacklisting can affect your business

    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

  • 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 in Vhembe district of Limpopo are pleading for help after floods destroyed their crops. Facebook

    Farmers plead for help after floods destroy their crops

    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

  • 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

    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

  • 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

    Entertainment SMEs running on empty after Bafana’s Afcon exit

    Tourism entrepreneurs close 2025 with cautious optimism

    Qantas – Joburg route opens new growth avenues for tourism SMEs

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

    Premier fun complex creates business space for small traders

    In preparation for peak season demand, accommodation providers across the country have scaled up operations.

    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

    Government blacklisting can affect more than contracts, it can shape how banks view your business.

    How government blacklisting can affect your business

    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

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Fassernate helps entrepreneurs set up online in minutes 

by Tebogo Mokwena
August 24, 2022
in Business
Reading Time: 3 mins read
A A
Ethan Fasser

Ethan Fasser

Elton Fasser grew up in a home where his parents would help members of the community even when they did not have much to do for themselves. As an adult, he continues this family tradition of giving, albeit in his own unique way. It was in this vein that Fasser created Fassernate, a platform that he believes will empower small business owners to take full ownership of how their businesses are run.

Fasser, who grew up in Westbury, Johannesburg, told Vutivi News that the idea for Fassernate came after he saw how many small business owners could not afford to build websites or build their own online platforms. So, he decided to create a platform where entrepreneurs could build their own online store in under ten minutes for free. Fasser launched his product in 2021 and relaunched it in 2022 after changes to the application.

So far it has over 100 businesses on the platform and over 1000 downloads. According to Fasser, the app assists small business owners with opening an online store where they can sell their goods and services. “The app can be used by both consumers and business owners,” he told Vutivi News. “The business owner downloads the app from the Google or Apple app stores and registers as a business owner.

“The platform then assists the business owner with creating a catalogue and putting the quantity of the products they sell,” he said. “The platform also helps those who do not have businesses create their own businesses from scratch, without having to pay exorbitant fees for building a website.” Fasser has decades of experience working with building systems.

“Growing up during the era of apartheid, all I wanted to do was to work with computers,” he said. “My first job was at South African Airways where I was employed in the computer room. “However, as the only non-white at that time, I ended up working in the kitchen, making coffee and cleaning tables. “This did not stop me in any manner,” he said. He worked hard and within three years he was promoted to a more senior position in the company.

His experience also saw him build systems for companies in the medical technology field, such as Lancet Laboratories. One of his biggest achievements is seeing the app house over 100 businesses and giving over 300 entrepreneurs the opportunity to build their own online stores, even though many of these entrepreneurs have not yet listed any products.

“With the app, I am trying to push people to think differently about running their business, while at the same time showing those that cannot afford that they too can go online without spending vast sums of money,” he said. Fasser has ambitions to see his app be used all over the world in the next decade. “My aim is not to compete with big international platforms, but to reach countries where businesspeople do not have enough money to build apps or even websites,” he said.

Tags: Elton FasserFassernate
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