OPINION: Putting ‘Africa rising’ under the microscope

Africa

Are executives overestimating the growth potential of the middle class in Africa? Our correspondent from Nigeria finds out that the real money in Africa lies in technology and innovation enterprises.

BUSINESS: Passion a driving force for female entrepreneurs

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Contrary to popular belief that women want flexibility in the work environment, a study by National Association of Women Business Owners reveals that female entrepreneurs are motivated by doing what they are passionate about.

MONEY: Saving for a rainy day

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July is the month to start saving for a rainy day. Entrepreneurs, as well as consumers, need to adopt a savings culture. It is vital for any business to have a contingency plan in place and cash is a very important lifeline in any sector. Cash can determine the difference between its existence, expansion or failure.

COVER: Where is future black wealth going to come from?

Get the 09 July 2015 edition of Finweek. Click on the image.

The amended BEE codes of good practice will help turn thousands of black South Africans into entrepreneurial players instead of economic spectators. Black entrepreneurs and investors venturing into mining, agriculture and infrastructure can now have a piece of the pie that was previously reserved for minorities.

INVESTMENT: Opportunities within business rescue

Business risk

For a business rescue plan to work, there should be a degree of financial support to assist with the recovery.

OPINION: Government to translate SME talk into action

smallbusiness

In South Africa, we have much to do to get SMEs on the path to success so that they can help create jobs and grow the economy, says Steven Cohen, MD of Sage One.

BUSINESS: Get the tax basics right from the start

taxes

Get your SARS red tape for your business right from the start if you want to avoid problems and penalties with the tax authorities later, says Madelein van der Watt.

INSIGHT: Local franchise sector to continue boom in 2015

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The flourishing franchise sector is set to continue making a major contribution to the economy in 2015. The franchise sector is critical for economic growth and job creation.

ENTREPRENEUR: Put your SME in best position to get credit

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There are specific ways in which you can reassure a bank that your business is capable of repaying any money they lend you, increasing your chances of acquiring credit says Ethel Nyembe.

BUSINESS: Potential growth the basis for financing SMEs

Growth

Potential growth, rather than achievements, should be the basis for financing SMEs in future. This indicates a shift away from traditional criteria for assessing creditworthines