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American Swiss has partnered with four powerful women who have defined their industries. The I AM A DIAMOND campaign features Precious “The Planner” Thamaga, Kerishnie Naiker, actress Hlubi Maboi and Jackie Burger. When you look at the characteristics of a Diamond and that of a woman, the similarities are undeniable. Diamonds are strong, unique, precious and beautiful – just like women! They’ve gone through an incredibly long journey to become beautiful pieces of jewellery and are extremely resilient...

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The promulgation of the regulations mandated by PoPI are extremely important because they will in effect indicate what companies need to do to comply with the Act. Unfortunately, the current draft regulations have the potential to damage the direct marketing industry quite significantly. The DMASA has made a submission to the Information Regulator on the offending regulations, but we feel it’s important to raise our reservations publicly as well. At the outset, it is important...

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Ernst & Young (EY) has just released its latest EY Growth Barometer 2018 report, where an estimated 2 766 middle market executives across 21 countries were asked about their confidence in business growth for their specific sector. In terms of the South African outlook, it differed greatly from the rest of the globe, with one in three executives noting that they expected growth in excess of 10 percent. This is also in stark contrast to...

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Despite some organisations taking steps to boost the number of women at executive level, progress is still slow. The proportion of women to men in executive roles is still low, with only one female CEO among the JSE top 40 companies. These are some of the findings from PwC’s Executive Directors’ Practices & Remuneration report, 2018. Shirley Machaba, PwC Africa diversity and inclusion leader, says: “In order to build future economies that are both dynamic...

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Securing a business loan or financing for your small business can be incredibly frustrating, especially for first-time business owners who do not know the ropes. In fact, in its small business survey, Nav discovered that despite having more business financing options available, such as online lenders, it is still an uphill battle for small business owners to access capital. If that wasn’t bad enough, the increasing amount of financing options currently available may actually be...

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Globally, women experience many barriers preventing them from participating in economic activity, including a lack of access to funding opportunities for those wanting to be entrepreneurs. According to Gugu Mjadu, a spokesperson for the 2018 Entrepreneur of the Year competition, sponsored by Sanlam and Business/Partners, this presents a significant stumbling block to economic growth which will never be realised without the contribution of women entrepreneurs. Mjadu said in the past one needed to own property...

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For a segment of the economy that is expected to create close to 10-million jobs by 2030, it is disconcerting how little we still know about small and medium-sized enterprises (SMEs) in SA. To date, no baseline study has been done on SMEs — which means most of our policies have relied on some element of thumb suck. The Small Business Institute (SBI) has taken up the challenge, spending R1.5m of a total estimated requirement...

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Two young entrepreneurs who ditched their nine to five jobs to pursue financial freedom have singled out motivation as the key ingredient to starting your own business. After working for two of South Africa’s five big banks, in the business banking and mobile payments space, then moving to pay television, looking after digital payments and thereafter working for a giant pay scheme that focuses on prepaid cards, 30-year-old Busi Mavunga felt the strong need to...

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If you were 21 and you were told that at 23, you’d be sharing a stage with the likes of Barack Obama, Cyril Ramaphosa, and Graca Machel – how would that make you feel? Busi Mkhumbuzi would be the best person to take you through how it really feels. The 23 year old Soweto-born entrepreneur and activist took centre stage as the programme director of the annual Nelson Mandela Lecture that was headlined by Barack...

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StartupsTop News

July 31, 2018

What started as a simple desire to create her own unique brassieres – some made from wool and others decorated with colourful beads – has become a fashion hit, presenting 22-year-old Neo Mabokela with an opportunity for a thriving business. University psychology student Mabokela, who learnt the art of crocheting at an early age, is stunned by her success, and has put her studies on hold to pursue her new venture, Yarneo, full-time. “It has...

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