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New funding facility to give SA businesses R340 million boost

Trade, Industry and Competition Minister Patel announced the new JP Morgan funding facility of R342 million for South African businesses. ....

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Third consecutive level 1 B-BBEE rating for Samsung SA

Third consecutive level 1 B-BBEE rating for Samsung SA
By Brandstories
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Samsung continues to play an active role in Govermentâs vision for a more inclusive society.
Samsung strongly believes in the transformative power of technology and innovation to effect societal change. This makes the achievement of a third successive Broad-Based Black Economic Empowerment (B-BBEE) Level 1 Contribution Status, a significant milestone. It is aligned with Samsungâs belief that companies must remain firmly committed to empowering people with skills and opportunities that help build the nation.
âAs Samsung, weâre committed to building on our long-ranging transformational vision. This is already reflected internally as our people are representative of the countryâs demographics, race and gender. Ultimately, we are completely focused on creating real empowerment through ownership and control of South Africa s economy, and remain aligned with the Gove ....

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Intake opens for the Amazon Web Services SA programme

Intake opens for the Amazon Web Services SA programme
By Philippa Larkin
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JOHANNESBURG - AMAZON Web Services (AWS) said yesterday that its intake for its Equity Equivalent Investment Programme (EEIP) in South Africa for this year was now open.
In 2019, AWS South Africa launched the EEIP as part of its broad-based black economic empowerment programme. The AWS EEIP is a partner development and acceleration programme for 100 percent black-owned small IT businesses.
It said the AWS EEIP was an 18 to 24 month enablement and acceleration programme for businesses with a turnover under R50 million.
Businesses have until April 15 to apply. Visit www.aws-eeip.co.za. ....

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