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  • Agriculture
    Sbonekonke Training established by accountant Reggie Mkhize provides practical training aimed at empowering aspiring farmers with the skills needed to succeed in the agricultural sector

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    A kudu bull with 59-inch horns sold for R146 000, the highest price at the Thabazimbi game auction.

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    How SA’s first black woman winemaker conquered the global market

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Photo:wandilesihlobo.com

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

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

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

    Agritech platform brings digital precision to livestock farming

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  • Finance
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    Poor personal credit scores shutting SA SMEs out of funding

    World Bank loan faces test in easing SME pressures

    New Stats SA data shows more than 750 business insolvencies were recorded in South Africa during the first half of 2026. 

Photo: OLIVIER LE MOAL

    More than 750 firms go insolvent as SA companies feel the pinch

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    Property sector warns rate hike could delay market recovery

    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.

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    Rise in inflation is putting SMEs under strain

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    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

  • Tourism
    The newly unveiled Mthontsi Lodge and Conference Centre in KwaMaqoma, Eastern Cape, is expected to create tourism and economic opportunities for local businesses and communities.

    Tourism boom opens South Africa to more business

    Improved air connectivity through the Emirates-SAA
partnership is expected to strengthen tourism, trade and
regional travel across Southern Africa. Photo: simpleflying

    Tourism SMEs set to benefit from Emirates-SAA partnership

    Turkish Airlines will increase its South African services to 20 weekly flights from October 2026.  Photo. Turkish Airlines

    New international flight routes set to boost tourism SMEs

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

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    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?

  • Advertise
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    Under a new R5.4 billion AfDB and Standard Bank facility, rolling out digital payment devices aims to give informal women entrepreneurs the transaction records needed to access commercial credit.

    R5.4bn facility targets women SMEs

    Leane Hendricks is proving that South Africans can also run successful spaza shop businesses by starting small and serving their communities. Phone: supplied

    Woman entrepreneur proves locals can crack it in spaza sector

    A spaza owner sits outside his supermarket in Kliptown, Soweto. Photo: Nhlanhla Phillips

    Step-by-step guide on how to apply for Spaza Shop Support Fund

    Entrepreneurs are proving that growth no longer depends on having a physical store. Photo SME SA

    Top tips to grow your small business through e-commerce

    Moovy Delivery founder Nhlanhla Nkosi turned a gap in township logistics into a growing courier business. Photo Supplied

    Top tips to grow a successful business in SA’s township economy

    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

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Monate CEO remains optimistic despite funding challenges

by Moipone Malefane
May 30, 2024
in Business
Reading Time: 4 mins read
A A
Mokamoshega Monate CEO James Matshubeng

Mokamoshega Monate CEO James Matshubeng

By: Noxolo Majavu

A businessman who sells cooking products and peanut butter aspires to own a chili and peanut farm in Limpopo to create more employment opportunities for women and persons living with disabilities. Mokamoshega Monate CEO James Matshubeng’s mission to empower these designated groups stems from a belief in equal opportunities.

Just five months after starting his business, Matshubeng is aiming for new heights. The company produces peanut butter, chilli sauce, mayonnaise, maize meal, and cooking oil. “Our vision for the future is ambitious, yet achievable. We aim to establish distribution centres in every province, ensuring a seamless supply chain to all corners of the country. Gauteng and Limpopo will serve as our manufacturing hubs, equipped with state-of-the-art production machinery,” Matshubeng told Vutivi News.

The business’ headquarters are in Midrand, and it has a branch in Limpopo. It currently employs 15 people and plans to expand its operations through collaboration with distributors, who are in the process of assigning independent sales representatives to the brand.“While we are in the early stages of our growth, we are actively working towards our diversity goals. Currently, we have seven women and are actively seeking to employ individuals with disabilities within our organisation. We are partnered with Limpopo Incubation Centre, an NGO in Limpopo, who will be assisting us in the recruitment and training of individuals with disabilities,” said Matshubeng.

He was inspired to make a difference for families who could not access the food he sells because of financial constraints by providing high-quality, nutritious, and affordable products. “The inspiration behind Mokamoshega Monate Brands struck during December 2023 while I was home in Limpopo province for the festive season. It was then that I realised the pressing need in every household for essential products like Monate Peanut Butter, Monate Chilli Sauce, Monate Mayonnaise, Monate Maize Meal, Monate Cooking Oil, and Monate Tomato Sauce,” he said.

He has had to overcome a number of obstacles. “Like any entrepreneurial endeavor in South Africa, we encountered our share of challenges. Navigating the complexities of starting a business, from regulatory hurdles to financial constraints, tested our resilience. However, the unwavering support of my family, coupled with my entrepreneurial spirit and experience, propelled us forward.”

Also, Matshubeng has not had much support from government agencies to grow his business. “We have engaged with [the] Small Enterprise Finance Agency and Small Enterprise Development Agency, but unfortunately the assistance offered was limited to workshops on business development, marketing, and branding. Given my extensive experience in these areas, I declined these offers as I believe that funding is the most crucial factor in achieving our ambitious goals,” he explained.

The entrepreneur has also extended an invitation to high-end investors who share his vision of creating a sustainable and impactful business. Despite having operated for a short time, Matshubeng believes that the trajectory is promising as they have achieved significant milestones.“Notably, we have secured two exclusive distribution agreements with reputable companies that already have a strong foothold in the market. This strategic partnership will ensure widespread availability of our products in stores across the country,” Matshubeng said.

In a bid to reach out directly to the highest levels of government, Matshubeng created a public video detailing his vision and the need for support.“This video has been widely shared across social media platforms, and I remain hopeful that it will reach the attention of President Cyril Ramaphosa, as I believe his intervention is key to realising our dream of providing affordable and nutritious food to all South Africans while empowering marginalised communities,” he said.

Tags: Chilli SauceJames MatshubengMokamoshega Monate
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