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Demands for Thabi Leoka to show her degree

The furore over claims of a doctorate in economics is growing – and none of her attempts to convince people she is indeed Dr are holding up to scrutiny. ....

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Lack of easily accessible support for SME will further cripple the South African economy

Contrary to popular belief, the main function of entrepreneurship in an economy such as South Africa is to give back to our bruised ecosystem as opposed to taking from, writes Siko-Shosha. ....

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Support for existing businesses essential during pandemic

Support for existing businesses essential during pandemic
By Ted Keenan - 31 May 2021
David Morobe, spokesperson for The Sukuma Fund.
Image: SUPPLIED
Creating jobs is a major South African government focus, according to the 2018 Jobs Summit, but saving jobs in the pandemic is a more immediate and doable task, provided there are funds to prop up businesses that would be going concerns, were it not for Covid-19.
David Morobe, spokesperson for the R1bn Sukuma Fund and executive general manager of Impact Investing at Business Partners Limited, said that the average restaurant employs between 10 and 15 people, with indirect supplier jobs perhaps as high as 10 times this amount. ....

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The Sukuma Fund To Focus On Preventing More Restaurant Closures

The Sukuma Fund To Focus On Preventing More Restaurant Closures ....

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Johann Rupert's Covid relief fund sets aside R100m for SA restaurants

Johann Rupertâs Covid relief fund sets aside R100m for SA restaurants
By IOL Reporter
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THE Sukuma Fund is set to allocate R100 million to restaurants that have been hit hardest by the Covid pandemic.
The Sukuma Fund was formed to distribute the R1bn donated by the Rupert family and Remgro Limited, long-time supporters of the small business sector, in response to the economic crisis resulting from the pandemic.
To date, 1 303 SMEs and 2 614 formal sole proprietors have received survival grants and/or soft loans from The Sukuma Fund, saving more than 32 000 jobs in the process.
It is estimated that in South Africa, nearly 30% of restaurants were forced to close their doors during the height of the nationwide Covid-19 lockdown in 2020. ....

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