Business Strategy

Introduction Entrepreneurs are remarkably good at learning on the job. We start the business, become the salesperson, bookkeeper, marketing department, HR manager, procurement officer and occasionally the person trying to remember the SARS password at 11:47pm. But there comes a point when 'I’ll figure it out' stops being a strategy. Government departments, SEDFA, incubators, banks, industry bodies and enterprise-development programmes can provide valuable support. Use them. T

Introduction Small and medium-sized enterprises (SMEs) comprise the backbone of Africa’s economy, accounting for approximately 90% of all companies and providing nearly 80% of the region’s employment. Their agility, innovation, and deep integration into local markets position them as key drivers of growth, employment, and social upliftment. This article highlights some fundamentals in business capacity building that SMEs can lay the groundwork for and implement to foster thei