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    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

    Funeral parlours now offer extra packages that include after-tears-parties to attract clients. Photo. Twitter/X

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  • Business
    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

    Analysts have highlighted that the extension short term AGOA extension limits longer-term planning for businesses of all sizes

    Analysts warn short term AGOA extension limits long term planning

    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

    Profit and not size is key for red meat producers

    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

  • 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

    Funeral parlours now offer extra packages that include after-tears-parties to attract clients. Photo. Twitter/X

    Funeral parlours add after-tears packages to boost businesses

    A new app helps school leavers find vacancies at varsities and relevant courses. Photo. Wits University

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    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

  • 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

    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

  • 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
  • Resources
    • All
    • Business Tools & Templates
    • Compliance & Legal
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    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

    Funeral parlours now offer extra packages that include after-tears-parties to attract clients. Photo. Twitter/X

    Funeral parlours add after-tears packages to boost businesses

    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 traditional clothing store in Port elizabeth located at Njoli

    Traditional wear businesses thrive during imigidi season

    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

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Tourism business boosted by cheque from eThekwini

The money is to help businesses revive their companies

by Tebogo Mokwena
September 15, 2021
in Tourism
Reading Time: 3 mins read
A A
Gcinokuhle Dube receiving a cheque from eThekweni municipality

Gcinokuhle Dube receiving a cheque from eThekweni municipality

Gcinokuhle Dube owns one of the 100 small businesses that received R30,000 from the eThekwini Metro to help revive their enterprises that have been decimated by the Covid-19 pandemic. His business, Loxtion Tours, forms part of the tourism sector which was mercilessly ravaged thanks in part to closed borders and constant lockdowns restricting interprovincial travel.

The grants are part of metro’s Covid-19 Economic Recovery Fund, which will eventually help 700 businesses. Dube told Vutivi News that when he started Loxtion Tours in 2017, he did this because of the rich history of his neighbourhood. “I live in Cato Manor in Durban South and it has a lot of history. It’s part of the place where a lot of people were moved during the implementation of the Group Areas Act during apartheid,” he said.

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“A lot of people are not telling that story and growing up in this place and taking an interest in the community, I found that I was walking on gold.” Dube studied tourism and enterprise development and had many goals for his business. But those dreams were nearly dashed by the pandemic.

Dube said that when he applied for relief funding last year, he did not expect to receive anything. But a call from the metro surprised him and lifted his spirits. Dube said that he was lucky to be among those selected from 4000 applicants. “We applied last year, and we got it (on Monday) and being part of the 700 selected feels grateful,” he told Vutivi News.

Dube said he would use the cash to market his business in preparation for the December holiday. “Being under lockdown level two gives me an opportunity to market my business, which is service-based, in preparation for the festive season as this is a service-based company so my money needs to go to marketing,” he said. eThekwini mayor Mxolisi Kaunda said that it was crucial that the city assisted businesses, especially the small business sector.

“We have the conviction that if we intervene in their plight, we’ll be able to sustain the collection of revenue if our businesses are operational. We understand the devastating effect of Covid-19 on small businesses, he said earlier this week. “Most of them were severely affected, so this intervention, as little as it may be, will make an impact in reviving their businesses, and also sustain the businesses so that they will be able to create more jobs out there.”

It is estimated that at least 72% of the country’s SMMEs are in financial distress, with KwaZulu-Natal among the hardest-hit provinces.

Tags: Gcinokuhle DubeLoxtion Toursovid-19 Economic Recovery Fund
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