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Tag Archives: funding
Banking association and Khula in deal to help small business
SMALL-scale enterprises could now enjoy better access to financial services and low financing costs following the signing of a co-operation agreement between state-owned developmental funding agency Khula Enterprise Finance and the Banking Association of SA (Basa). Small businesses in the … Continue reading
New fund to aid small business
Johannesburg – The National Empowerment Fund (NEF) launched an enterprise development fund in aid of small and medium companies on Wednesday. The development would help speed up black economic empowerment in the private sector, NEF board of trustees chairperson Ronnie … Continue reading
Posted in Big Business, Black Business, Entrepreneur, Small Business/SMME
Tagged BEE, business development, funding, venture capital
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Funders welcome proposed tax incentive for angel investors
However, the draft law proposes to open the incentive so that all taxpaying entities can benefit from deductions, and to remove the R750000-a-year threshold for deductions. It also proposes to lift the turnover threshold of those small businesses that can … Continue reading
Posted in Angel investors, Entrepreneur, Small Business/SMME, Tax
Tagged business development, funding, tax deduction, venture capital
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Small business owners – seize the opportunity to grow
Companies still get to pick the business owners they want to help. More black business owners must seize the opportunity to grow their business and move into the private sector if they are to become serious players in the economy. … Continue reading