De Lille Slams Tourism Fund Delays in 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 […]

December 18, 2024 11

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, […]

December 6, 2024 14

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:

November 20, 2024 19

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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 […]

May 28, 2024 22 2

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 […]

February 19, 2024 19

Business / Economics

The Alexforbes Lead Story – 30 November

Danny Meyer is the Director of local consultancy firm SMEs Compete that helps Namibian small and medium enterprises (SMEs) grow business, create wealth and generate employment. In this interview he tells Angie why SMEs are so vital to the economy and why they should receive a lot more support. https://iono.fm/e/1386256

December 1, 2023 17

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Business / Economics

Director of SME Compete wants increased support for SMEs

The Director of SME Compete, Danny Meyer says SMEs need support to enable them to help with the country’s economic recovery efforts. INSERT: ENG Danny Meyer SME's

November 28, 2023 31 2