Vutivi
  • 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

    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

    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

  • 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 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

    Western Cape Minister of Agriculture, Economic Development and Tourism Dr Ivan Meyer with  Paul Siguqa. Photo: Facebook

    Black wine cellar owner breaks new ground in industry value chain

  • 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

    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

    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

No Result
View All Result
Vutivi
  • 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

    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

    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

  • 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 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

    Western Cape Minister of Agriculture, Economic Development and Tourism Dr Ivan Meyer with  Paul Siguqa. Photo: Facebook

    Black wine cellar owner breaks new ground in industry value chain

  • 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

    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

    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

No Result
View All Result
Vutivi
No Result
View All Result

Small businesses can revive the economy. But government must do more

by Staff Reporter
October 1, 2020
in Business
Reading Time: 5 mins read
A A
Small businesses in South Africa need assistance from the government to help the economy thrive. Photos by Frederik Schweiger/Unsplash

Small businesses in South Africa need assistance from the government to help the economy thrive. Photos by Frederik Schweiger/Unsplash

South Africans are impatient. They want to see economic changes that can reduce the unemployment rate dramatically. If not adequately managed, impatience can be a source of political instability, especially when the elites eat while the unemployed get the crumbs of social grants.
But there are differences of opinions about how best to trigger economic growth and create jobs. In a democracy with highly opinionated middle classes, differences of opinions on economic direction is encouraging, but only if the state has the capacity to distill from the opinions the best policy options.
Alas, the state often gets overwhelmed and get stuck in policy paralysis.
Here is a sample of the most divisive questions that often raise emotional debates and yield rationality:

  • Fiscal policies – to what extent should government borrow and increase spending?
  • Tax policies – can more be squeezed from the taxpayer?
  • Monetary policy – should the South African Reserve Bank’s role should go beyond its constitutionally prescribed role of taking care of the value of our currency?
  • Labour relations – do our labour laws allow for employment creation?
  • Black Economic Empowerment – should it be scrapped?
  • State tender system – does it serve the purpose?
  • State-owned companies – should be sold to private sector players who can run the competently and help add to the tax base?
  • Land – should it be expropriated without compensation?

Sadly, there is hardly national consensus on any of these questions. Whatever the state implements are not always the correct policies even if they may be popular enough to keep the governing party in power.
Differences aside, there is one really where there is almost national consensus – that small and medium-size businesses have the potential to revive our ailing economy and diffuse the social bomb of unemployment.
Now, if we want to move forward as a country, we have to start by focusing on those areas where there is a reasonable level of consensus. So, given the fact that there is agreement about the potential for small businesses, what are policy makers doing to unleash it?The state has several development finance institutions aimed at supporting small businesses. They are found at national and provincial spheres of government. The government has even established a full ministry of small business – a clear indication that small business is a national priority.
Yet, we aren’t seeing small businesses taking off in a big way as they potentially could and reduce our scary unemployment rate of more than 50% among young people. Many young people are talented enough to run small businesses, but they run around looking for jobs, seemingly unaware of their potential or perhaps daunted by the prospects of taking responsibility.
This is an outcome of an education system that inculcates in the minds of young people below-par confidence levels. To solve it requires a complete culture change and the review of the curriculum. School graduates should not only be competitive; they must also feel confident that they are actually competitive enough to start a business, fail, and start again until they get it right.To immediately get the ball rolling, the Ministers of Small Business; Basic Education; Higher Education and Technology must consider regulations to restrict business opportunities within schools and higher education institutions to students whose line of studies, broadly speaking, have to do with entrepreneurship. Why must a university canteen or campus official events be outsourced to private operators?
These businesses should be run by senior students who are doing business or hospitality studies. Universities and other institutions of higher learning must become sites of entrepreneurship, innovation and confidence-building institutions.
Culture change is not the sole responsibility of higher education institutions. Leaders across society – in politics, churches, extended families and corporations – must use their influence to inculcate the culture of independence, responsibility, hard work, ethics and competitiveness. They must all say no to the culture of instant gratification, freebies and entitlement.
Our dominant political culture that encourages corruption, get-rich-quick-schemes and display of instant wealth by dodgy pastors, politicians and tenderpreneurs is sadly damaging the psyche of our young people. Transforming the culture of entitlement into that of responsibility might take time. It’s important to start now.
But there is one thing that can be done quickly to promote small business. The government must make it a criminal offence for any state organ to fail to pay a small business operator within 30 days and the person responsible for settling of the bills should face criminal charges of business sabotage.
While awaiting the outcome of a trial they must not get a salary from the state. On the other hand, a businessperson who fraudulently submits invoices for work not done or not done according to the required specification must also face jail time.
If this system can be proven effective, stimulate quick payments – and by extension economic transactions – without compromising quality of service delivery, it can be extended to include the private sector. But before the private sector is burdened with regulations, which are often the cause of economic contraction, the state must prove that it can lead by example in unleashing the potential for small businesses.

Mkhabela is chairman of an investment company and is he is also a political analyst.

Tags: Development Finance InstitutionsGovernment policy on small businessMpumelelo MkhabelaSmall BusinessSouth African SMME sectorunemploymentYouth unemployment
ShareShareTweetSendSend
Previous Post

A note from Vutivi Business News Founder, Moipone Malefane

Next Post

Stokvels offer lifeline for SMMEs

Staff Reporter

Staff Reporter

Related Posts

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

January 23, 2026
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

January 22, 2026
Wind and operational issues hold fruit exports at Cape Town port.

SMEs hit by delays at Cape Town port

January 22, 2026
Load More
Next Post
Money collected for a stockvel. Picture by Canva

Stokvels offer lifeline for SMMEs

The goal poultry industry has thrived during lockdown in South Africa. Image: Brett Jordan/Unsplash

Limpopo chicken farmer happy his poultry business thrived during lockdown

Wally Ledwaba, the man behind the Basadi Programme to sell meat in the townships. Picture by Mukurukuru Media.

Meat network business set to benefit women

FEATURED POST

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

January 23, 2026
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

January 22, 2026
Wind and operational issues hold fruit exports at Cape Town port.

SMEs hit by delays at Cape Town port

January 22, 2026

Construction partnership drives SME participation

January 22, 2026

Vutivi is a digital business news platform that will serve the Small Medium Micro Enterprises in the form of writing stories that will be informative about their sector. We pledge to deliver a commercially sustainable, world-class digital financial and business news service that is a must-read while being responsive to readership needs and tailor-making packages for SMMEs.

Categories

  • Agriculture
  • Analysis
  • Business
  • Business Tools & Templates
  • Compliance & Legal
  • Finance
  • Funding & Opportunities
  • Government Business
  • Innovation
  • Profile
  • Resources
  • Thoughts & Sharing tips
  • Top story
  • Tourism
  • Township Policy & Government

Get in Touch

Email

news@vutivibusiness.co.za

© 2026 Vutivi // Website by Area of Effect.

Advertise / Privacy Policy / Contact

No Result
View All Result
  • Business
  • Agriculture
  • Innovation
  • Finance
  • Tourism
  • Advertise
  • Resources

© 2026 Vutivi // Website by Area of Effect.