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Government urged to tap into the informal sector to increase tax collection,

Government urged to tap into the informal sector to increase tax collection,
standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.

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SMMEs not catered for in the insurance industry

Head of Insurance and Risk Management at Wits University, Albert Mushai, said despite the setbacks, some insurance companies like Old Mutual had launched campaigns to help get small and medium businesses to get back on their feet. ....

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AfDB to set up Investment Banks to help young entrepreneurs

AfDB to set up Investment Banks to help young entrepreneurs
As pointed out by AfBD president Akinwumi Adesina, the picture as it stood looked dismal for the continent’s youth and drastic action was needed by governments and the private sector.
The African Development Bank Group headquarters in Le Plateau, the business district of the Ivorian capital Abidjan. Picture: AFP
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The African Development Bank (AfBD) is in the early stages of developing a proposal for Youth Entrepreneurship Investment Banks in its member countries, including South Africa, to help youngsters start businesses and create jobs. ....

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Failure rate of S.African SMMEs under spotlight

Failure rate of S.African SMMEs under spotlight
Panelists from various public and private sector organisations, such as Aurik Enterprise Development, Tiger Brands and the Small Enterprise Finance Agency (SEFA), engaged on the topic.
FILE: Picture: 123rf.com
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South Africa has one of the highest failure rates for SMMEs, with five out of seven of them failing within the first year. According to the consulting firm, Cova Advisory, only six percent of SMMEs in the country said they had received government support.
The firm, which offers advisory services on government programmes such as grants and tax incentives, recently held a webinar on how to grow the SMMEs. Panelists from various public and private sector organisations, such as Aurik Enterprise Development, Tiger Brands and the Small Enterprise Finance Agency (SEFA), ....

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