As small businesses in South Africa are recognised as a driving force for economic growth and creation of jobs, enterprise development programmes offered by government and corporates offer black entrepreneurs the opportunity to find support and training to further develop their small businesses. Businesses serve a critical role in driving more inclusive and sustainable development. [...]
The Department of Labour (DOL) takes non-compliance with the provisions of the Employment Equity Act and shows that they will not hesitate to bring the maximum penalty against defaulters. If you are a designated employer, you have only 2 months to prepare for your Employment Equity Report submissions. Designated employers are those that either have [...]
In South Africa, Broad-Based Black Economic Empowerment (BBBEE, or BEE as it is more commonly known) is a complex system of rules and guidelines designed to effect socio-economic transformation by levelling the playing field for people of all races. While the major legislation involved is the Broad-Based Black Economic Empowerment Act, No.53 of 2003 [...]
How and where we work is changing - flexitime, home based jobs and remote workforces are growing trends in the South African business environment. While this flexibility is a selling point for employers and highly sought after among workers, companies need to consider how this can change the way they manage their payrolls. This according [...]
It's a mistake to rule out rural spaces and consumers, especially in Africa. Global commerce is fiercely competitive, with business leaders and investors still waking to the vast potential of Africa's burgeoning consumer market. The continent, now home to more than 1.1 billion people, will account for one-fifth of the world's population by 2025. Sub-Saharan [...]
Youth Launch Roadshaows Minister of Economic Development, Ebrahim Patel, says the government will launch nationwide roadshows on the youth initiatives. A jobs summit, investment conference and youth empowerment were one of the few focal points President Cyril Ramaphosa outlined in his State of the Nation Address, #SONA, to stimulate the economy. [...]