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  • Business
    Given Ngwamba, founder of Ndzilo Charcoal Briquettes, has managed to secure placement in Pick n Pay and is registered within SPAR’s supplier system

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    AGOA extension buys time for SMEs but structural risks remain

    Small-scale poultry farmers are set to benefit from a Rainbow Chicken initiative that includes the handing out of 100 chicks to boost their businesses. Photo. Wikipedia

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    An initiative by the North West Department of Agriculture and Rural Development is helping women subsistence farmers to move into small scale commercial farmers. Photo. Lucas Ledwaba\Mukurukurur Media

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    Milk production drops as the foot-and-mouth outbreak pushes prices higher. Photo: allaboutfeed.net

    Milk and meat prices soar and farmers count costs as FMD spreads

    Livestock stokvels are taking off as people seek to escape the cost of rising food prices. Photo. Lucas Ledwaba\Mukurukuru Media

    Livestock stokvels emerge amidst rising food prices

    Profit and not size is key for red meat producers

    Cattle farmers in affected provinces are holding animals longer as foot-and-mouth disease movement controls continue to restrict market access.

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    South Africa’s small rail engineers target international markets

  • Finance
    The 2025 festive season confirmed that cashless commerce is no longer a trend but a structural feature of the economy. Photo. Standard Bank

    Festive spending shows double digit growth in cashless payments

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Photo: Supplied

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  • Tourism
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Photo. LIV Golf

    SMEs can now create official 2026 LIV golf packages

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    The South African Reevenue Service is moving towaerds digitilisation of their collection services.

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    Small businesses say access to equipment funding remains one of the biggest barriers to growth.

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    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

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SA small business owners rank amongst highest in wellbeing survey

by Moipone Malefane
May 4, 2023
in Business
Reading Time: 3 mins read
A A
Small Business Runway's Gcina Madonsela

Small Business Runway's Gcina Madonsela

By: Tebogo Mokwena

Some small business owners say that although it is difficult to afford mental healthcare for themselves and their workers, they have created a culture of openness that allows their employees to share their problems. This has resulted in a better work environment, which led to their businesses experiencing growth. Global small business platform Xero recently published a report that found of the seven countries surveyed from November 2022 through to February, only South African and Singaporean small business owners reported higher levels of well-being than the general population results in the 2023 World Happiness Report.

New Zealand small business owners reported the highest level of life satisfaction, closely followed by South Africa and Singapore. Their United Kingdom counterparts reported the lowest level of life satisfaction. Vutivi News interviewed a couple of SMME owners who shared their solutions to staying positive. Tumisho Ntsoane, who owns Tetengwane Broedery in Limpopo and has six employees, two of whom are full-time, said that he fostered an open-door policy. His employees were encouraged to talk to him about their issues and he endeavoured to assist them to the best of his ability.

He had also accessed mental health services following a recent traumatic event, which had affected his business until he sought help. Ntsoane said that his employees took his advice seriously, which made it easier to cultivate a relationship of openness. “This helps improve businesses in such a way that when my employees are doing good mentally, they give 100% to the business,” he said. “Of course, they won’t have all of their problems solved, but we try and help them overcome the problems that compromise the business’ growth.”

Ntsoane said it was crucial for entrepreneurs to seek professional help when encountering issues that affected their mental health otherwise they were bound to have a negative impact on their businesses. Gcina Madonsela, who runs the small business development agency Small Business Runway, told Vutivi News that she also advised the businesses her company developed to practice an open-door policy.

This not only improved communication between employers and staff, but it also helped employees be open about needing time off. She said she did the same with her own employees. “As a business leader you are the one that gives the vision and drives the company’s direction, so if you’re not well mentally and physically well, you are not able to show up in a leadership role and this means your team will not get the direction and leadership needed to take the company forward,” she said.

Xero’s report, which is titled “The Global State of Small Business Owner Wellbeing”, surveyed 4650 small business owners from South Africa, Australia, Singapore, New Zealand, the United Kingdom, and the United States. A total of 450 were from South Africa. The report showed that 56% of South African small business owners surveyed felt cheerful or in good spirits most of the time. “Resilience appears to underpin South African small business owners’ sense of wellbeing. “Despite facing relatively frequent financial distress, the ongoing impact of load-shedding, and struggling to regularly take time off work, owners maintained a consistently positive disposition,” the report noted.

Tags: Global small businessNew ZealandTetengwane Broedery
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