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    A student accommodation in Soshanguve Block H that assists students who are still struggling to get access to school residence

    Township property owners make good business from student rentals

    Quiet trading floors in January are forcing many small businesses to delay new hires until cash flow improves.

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  • Business
    A student accommodation in Soshanguve Block H that assists students who are still struggling to get access to school residence

    Township property owners make good business from student rentals

    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

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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

    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

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    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.

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  • Agriculture
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    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

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    Township-based tutoring businesses are emerging as an important and fast-growing support system. Photo. CPD Online College

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    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

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    A student accommodation in Soshanguve Block H that assists students who are still struggling to get access to school residence

    Township property owners make good business from student rentals

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    South Africa’s 3% inflation target could offer stability for SMEs

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    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

  • 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.

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    Township taverns are seeing a drop in match-day crowds. Photo: issuu.com

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

    Premier fun complex creates business space for small traders

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    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
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    A student accommodation in Soshanguve Block H that assists students who are still struggling to get access to school residence

    Township property owners make good business from student rentals

    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

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SMEs push for funding access at colloquium

by Excel Likhonithemba Fongoma
July 17, 2025
in Business
Reading Time: 3 mins read
A A
SMMEs and business forums voiced urgent needs at the MEC’s Colloquium in North West

SMMEs and business forums voiced urgent needs at the MEC’s Colloquium in North West

An inaugural Colloquium for Business Forums in the North West has been hailed as a progressive step towards inclusive economic development, but small business owners across the province are calling for immediate and measurable action.

Led by North West economic development MEC Bitsa Lenkopane, the gathering was framed as a new era of collaboration between the government and private sector.

However, SMEs say that unless government commitments materialise into tangible support, the colloquium risks becoming another talk shop.

“We are tired of conferences where we are told help is coming, but nothing reaches us on the ground,” said Thandi Mahlako, the owner of Nomthanda Electricians (Pty Ltd) in Mahikeng.

“The support programmes they mention sound good, but we don’t know how to access them. And often, they’re not designed for the informal realities we face daily.”

Lenkopane outlined various interventions aimed at boosting small businesses, including the Informal Traders Support Programme, the Business Turnaround Interventions Programme and the General Dealer Support Programme.

She also encouraged entrepreneurs to register on the provincial MSME database and utilise enterprise support centres and incubation hubs.

“We need to work towards a transparent and fair business environment that empowers historically disadvantaged entrepreneurs,” Lenkopane said.

“Our province’s growth depends on the success of township and rural SMEs. That’s why we are reforming business regulations, accelerating support programmes and forging partnerships to unlock access to finance.”

But for many SMEs, these promises sound familiar and so do the delays.

“There’s a digital divide,” Mahlako said.

“Many small traders don’t even know these support centres exist, and those who do, are often frustrated by red tape and unclear criteria. We need officials who understand township economics.”

Sipho Mokwena, who owns Sipho’s Welders Pty Ltd in Brits, said his efforts to access funding have led to endless applications, but with no results.

“I have applied for three government grants. I either don’t hear back or get told I’m missing one document. Meanwhile, I need to replace machinery just to stay competitive,” he said.

Beyond funding concerns, the issue of localisation remains an issue.

The Ngaka Modiri Molema Business Forum criticised the continued awarding of government contracts to external companies, while local businesses were sidelined.

“We’ve heard localisation speeches for years,” said forum chairperson Oupa Nkomo.

“Yet tenders still go to companies from outside the province. If the government is serious, it must enforce procurement policies that favour local SMMEs and co-operatives.

“We want performance dashboards, not press releases.”

Lenkopane said the department was forging partnerships with development finance institutions, banks and other support agencies to address funding bottlenecks.

But many SMMEs remain sceptical, citing years of unmet commitments.

Tags: Colloquium for Business ForumsMEC Bitsa LenkopaneSMEs and colloquium
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Excel Likhonithemba Fongoma

Excel Likhonithemba Fongoma

Excel Likhonithemba Fongoma studied journalism at TUT, and has worked in radio and online for eight years, covering a wide variety of stories for Tshwane FM, Rekord Noweto and more.

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