South Africa's ecommerce sector is booming, with total revenue projected to top R110 billion this year and more than 40 million consumers now shopping online, according to Statista's 2025 Ecommerce Outlook. But as thousands of new online sellers enter the market, the question is no longer how to grow; it's how to cope.
One of…
For many small business owners, the festive season offers a rare chance to step back from busy day-to-day operations and see the bigger picture. While this period allows for much-needed rest for some, it’s the perfect time to ensure your business is well-positioned to thrive in 2025.
This is according to Megan Dedekind, Area Manager…
In an economy where small to medium enterprises (SMEs) contribute at least 40% to the GDP, it seems only reasonable that SMEs are able to take advantage of the potential benefits of Black Friday trading. While even large and established companies, who have historically dominated the Black Friday market, need to carefully assess the risks…
At the height of the COVID-19 pandemic, many wondered if we'd ever travel for business in the same way as we did pre-pandemic. After all, if you could attend a conference or a meeting with international partners from the comfort of your own home, why would you travel halfway around the world to do so? …
In the current climate, small and medium-sized retailers need to ensure they have the right tools and capabilities in place to not only attract new customers but to then provide an outstanding experience.
Intelligently leveraging business funding to invest in these resources can be the difference between competing effectively in a crowded and increasingly pressurised…
National Savings Month provides a valuable reminder of things we can all do to save where we can. This approach to responsible money management is valid for small businesses too.
“There are a lot of easy to set up measures that can help SMEs better look after their hard-earned cash. Implementing these will help businesses build up…
An important driver of the South African economy faces an enormous challenge. Our small to medium enterprises (SME) sector has barely emerged from the ravages of the pandemic, before now having to face a fresh set of obstacles. They need to be clever and savvy to overcome these challenges.
Rising fuel and food costs are…
The world is constantly evolving, creating new needs, challenges, and opportunities for small businesses. The rise of fintech in South Africa has challenged the approach of traditional banks and given a platform for SMEs to grow their businesses more effectively.
"Fintech is playing a greater role in challenging traditional decision-making processes that business owners have…
Employing over half the workforce, driving significant growth in the private sector, and representing some 98% of all businesses, SMEs are the lifeblood of the South African economy. Experts speculate that Digital Transformation, COVID-19 awareness, shifting supply-chain trends, and operational optimisations, are among the key areas where SMEs can drive improvements, and thrive in 2022.…
As South African businesses continue to face significant economic uncertainty, SMEs should consider how to improve their competitiveness and relevance during seasonal sales periods such as Black Friday on 26 November. According to Statistics South Africa, South African retail sales fell 4% year-on-year in 2020, indicating a contraction in Black Friday sales for last year.…