Small Businesses

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INTERVIEW: Dr. Basilius Kasera on SONA and Universal Basic Income Grant (UBIG)

  In a candid interview, Dr. Basilius Kasera shared his thoughts on the government's response to the concept of a Universal Basic Income Grant (UBIG), particularly in light of recent discussions following the State of the Nation Address (SONA). He critiques the government's current approach to addressing economic inequality and offers his perspectives on the importance of a nationwide basic income system. Dr. Kasera begins by emphasizing the distinction between […]

today28 April, 2025

South Africa

ANC has expressed concern over the potential liquidation of Ithala Bank

  In South Africa, the ANC has expressed concern over the potential liquidation of Ithala Bank, warning that it could threaten over 400 jobs and disrupt financial services for rural communities, small businesses, and churches in KwaZulu-Natal. During the national executive committee meeting in Boksburg over the weekend, the party reaffirmed its commitment to financial inclusion and economic justice. ANC secretary general Fikile Mbalula urged the government to expedite efforts […]

today21 January, 2025

World

TikTok has begun restoring access to users in the United States

  TikTok has begun restoring access to users in the United States after a brief voluntary shutdown. And according to CBS News, the move followed President-elect Donald Trump's promise to pause a potential ban through an executive order. TikTok expressed gratitude to Trump for providing clarity and assurance to its service providers. The company highlighted its role in supporting free speech and small businesses in the U.S. TikTok also committed […]

today20 January, 2025

South Africa

De Lille Slams Tourism Fund Delays in South Africa

  In South Afrca...The DA welcomes Tourism minister Patricia de Lille’s criticism of the Tourism Equity Fund’s slow pace in supporting small, medium, and micro-enterprises in the tourism sector. Since November last year, only 20 applications from businesses have been approved under the fund, amounting to 301-million-rand. The DA’s, Haseena Ismail, says the fund must prioritise supporting SMMEs with the potential to create and sustain jobs: Meanwhile, the eThekwini municipality's […]

today18 December, 2024

South Africa

S.A Deputy President Urges Citizens to Own Spaza Shops

South Africa's Deputy president Paul Mashatile says while the government wants to see South Africans owning most spaza shops, he cautioned against the registration of these businesses for illegal immigrants. Government has directed that all spaza shops and food handling facilities be registered by next Sunday. This comes amid a foodborne outbreak that has killed over 20 children in the country. Answering questions in the National Council of Provinces yesterday, […]

today6 December, 2024

South Africa

Build One South Africa Warns Eskom’s 36% Tariff Hike Could Endanger Low-Income Households

  Build One South Africa says Eskom’s proposed 36-percent electricity tariff increase could force low-income households to turn to unsafe energy alternatives, putting their health and safety at risk. The party has deployed representatives to energy regulator, Nersa’s public hearings nationwide to express their opposition to the increase. BOSA spokesperson, Roger Solomons, argues the tariff increase will exacerbate inequality and threaten the survival of small businesses:  

today20 November, 2024

Opinion Pieces

Economic and Business Advice for the next President

      Opinion Piece by Josef Kefas Sheehama   There are a number of important business and economic issues that the incoming President should take care of as we anticipate the upcoming presidential and national assembly elections. As an independent researcher in economic and business matters, I advise the incoming president to prioritize trade and industrial policies and foster positive relationships with international trade in order to attract investors […]

today28 May, 2024

Africa

Tech-savvy Africans are hedging against inflation by going digital

    By Conrad Onyango, bird story agency   The recent announcement by Opera MiniPay that it had signed up over one million users in Kenya, Nigeria, and Ghana just five months after its launch is the clearest indication yet of the rising popularity of decentralised finance, or DeFi tools, across the continent. “MiniPay makes it easier and more affordable for individuals across Africa to acquire, send and receive Mento […]

today19 February, 2024