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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.
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 Read more small business good news on Vutivi Business News. The African Development Bank (AfBD) is in the early stages of developing a ...
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 Read more small business good news on Vutivi Business News. 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 S...