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    Experts warn that compliance and tax issues are becoming increasingly common particularly among SMEs. Photo. Sabinet

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  • Business
    The Spaza Shop Support Fund in Limpopo is not reaching as many township and rural businesses as intended. Lucas Ledwaba\Mukurukuru Media

    Low compliance and admin hurdles hamper R500m Spaza Support Fund

    Statistics South Africa (Stats SA) reports that 1 534 businesses entered liquidation in 2025, with about 100 closures recorded in December alone. Photo. burgerhuyserattorneys.co.za

    Over 1 500 businesses folded in 2025 as economic pressures peak

    FASA CEO Freddy Makgato has highlighted how franchising systems, structured support, and partnerships are making entrepreneurship more accessible to first-time business owners. Photo. FASA\Facebook

    FASA championing franchising as engine for entrepreneurship

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    New R500 million cyber cement plant set to open doors for SMEs

    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

    New initiative hatches growth for small-scale poultry farmers

    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

    Small business traders like hawkers at the Tshakhuma Market in Limpopo are now left to carry the costs of the damages resulting from the floods. Photo. Limpopo Tourism Agency\Facebook

    Informal traders and SMEs carry huge losses after flooding

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

    SMEs assess reopened asset assist plan as funding gap persists

    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

  • Agriculture
    President Cyril Ramaphosa engages with US President Donald Trump during a working visit to the US last year. South Africa has the US's decision to extend the AGOA trade deal that will benefit SA businesses including SMEs. Photo. GCIS

    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

    New initiative hatches growth for small-scale poultry farmers

    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.

    Foot-and-mouth curbs push small-scale farmers to the brink

    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

  • Innovation
    Innovative building technologies (IBTs) are set to transform South Africa’s housing sector while opening new opportunities for SMEs. Photo. Dept of  Human Settlements

    Innovative building technologies to unlock opportunities for SMEs

    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

  • 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

    Zelma Matinise is the sixth woman to become a Sorbet franchise owner through the Bidvest Bank Sorbet-Preneur iniative.

Photo: Supplied

    Sorbet-Preneur model unlocking SME ownership for women

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

    Foot-and-mouth curbs push small-scale farmers to the brink

    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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    Experts advise SMEs to keep a clean financial record to secure loans. Photo. Banking Association of SA

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    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

  • Tourism
    Washed-out infrastructure in flood-hit provinces restricts access to tourism routes, contributing to cancellations and revenue losses for SMEs. Photo: Internet

    Tourism SMEs seek urgent relief after floods crisis

    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

  • Advertise
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    • All
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    Experts warn that compliance and tax issues are becoming increasingly common particularly among SMEs. Photo. Sabinet

    Experts advise on triggers for account freezes as SMEs stumble

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

    SMEs assess reopened asset assist plan as funding gap persists

    When government payments run late, small businesses can really feel the pinch on their cash flow.

    How SMEs can beat violation of 30 day payment policy

    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

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How businesses can fight back against cybercrime

by Moipone Malefane
February 13, 2025
in Innovation
Reading Time: 3 mins read
A A
AI-driven disinformation becoming a threat

AI-driven disinformation becoming a threat

By Azwidohwi Mamphiswana

As cybercrime surges globally, SMMEs in South Africa are increasingly vulnerable to sophisticated attacks, particularly those driven by artificial intelligence (AI). 

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Innovative building technologies to unlock opportunities for SMEs

Innovative entrepreneur’s app helps students access varsity

Back-to-school rush boosts township tutoring businesses

With hackers utilising advanced AI tools to bypass traditional security systems, they must adopt effective strategies to protect their businesses from ransomware and other cyber threats.

AI is revolutionising cybercrime, enabling hackers to automate attacks, scale them rapidly and make them harder to detect. 

Machine learning algorithms can predict vulnerabilities in business networks, allowing cybercriminals to exploit weaknesses before they are noticed. AI-powered attacks, such as ransomware, are difficult to prevent, as AI can mimic legitimate user activity, evading traditional security systems.

“Hackers are now leveraging AI to automate their attacks, making them faster and more precise. Their ability to evade detection means businesses often only realise they’re under attack after significant damage has been done,” Dr Sipho Ndlovu, a cybersecurity expert, explained.

South Africa ranks among the top 10 countries globally for cybercrime, with an estimated R2.2 billion lost annually due to cyberattacks. Despite this, many SMMEs operate with limited resources and weak cybersecurity practices, making them prime targets for hackers. 

According to Accenture’s Cost of Cybercrime Study, 43% of South African SMMEs fall victim to cyberattacks annually.

The lack of robust cybersecurity infrastructure in small businesses leaves them vulnerable to attacks. Many of them struggle to allocate resources for cybersecurity services, and even basic measures like software updates or secure password practices are often neglected. 

Hackers take advantage of these oversights, using phishing schemes or social engineering tactics to access sensitive data.

“As a small business, we never thought we would be targeted. But cybercriminals see SMEs as low-hanging fruit, and we paid the price for not taking cybersecurity seriously,” said Bonga Mthembu, a business owner who recently fell victim to a ransomware attack.

In response to rising cybercrime, the SA Police Service (SAPS) has established specialised cybercrime units.

“South Africa must adapt to a rapidly changing world, fuelled by advances in digitisation and artificial intelligence,” President Cyril Ramaphosa said in his 2025 State of the Nation Address, highlighting the government’s commitment to enhancing cybersecurity measures.

Experts advise that SMMEs don’t need a hefty budget to protect themselves. 

Several affordable cybersecurity measures can help businesses safeguard their data and operations:

1. Regular Software Updates: Keeping systems up to date with the latest patches helps close known vulnerabilities before hackers can exploit them.

2. Employee Training: Human error is often the biggest cybersecurity risk. Training staff to recognise phishing attempts and practice strong password management can prevent breaches.

3. Multi-Factor Authentication (MFA): MFA adds a layer of protection, making it harder for hackers to gain unauthorised access.

4. Data Backups: Regularly backing up critical data ensures businesses can restore their systems without paying a ransom in the event of an attack.

5. Cybersecurity Insurance: This helps cover financial losses from a cyberattack, providing a safety net for smaller businesses.

Tags: AI PoweredCybercrimeWMME and AI
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