News Roundup for Busy Entrepreneurs 9 June 2017

Every week Finfind selects some of the newsworthy articles to help keep busy entrepreneurs up to date and informed about the latest happenings in the world of SME Finance and other SME news. Enjoy.

Small Business Indaba offers manufacturers networking, info opportunities

Leveraging on the success and partnership of the National Manufacturing Indaba, the Small Business Indaba will take place on 26 June 2017 at Emperors Palace, Ekurhuleni alongside the Manufacturing Indaba.

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NCOP Debates Policy of Small Business Development Department

The Minister of Small Business Development, Ms Lindiwe Zulu, believes that South Africa can defeat the challenges of poverty, unemployment and inequality by providing more support to small, micro and macro enterprises (SMMEs).

She told delegates of the National Council of Provinces (NCOP) during the debate of the department’s policy budget vote that currently “the contribution of SMMEs to the South African economy is below its potential. We need to do better and match the global average, which show small businesses share higher levels of participation in various economies.

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Namibia: Banking union rejects SME Bank closure

THE Namibia Financial Institutions Union (Nafinu) has rejected finance minister Calle Schlettwein’s suggestion that the SME Bank be closed down.

Nafinu general secretary Asnath Zamuee slammed the move in a media statement yesterday.

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Aussie #SMEs to receive ‘business boost’ from boutique law firm

A boutique commercial law firm has introduced a new tool which is set to benefit the Australian SME and start-up sector.

Sydney-headquartered commercial law firm Source Legal has introduced free one-page legal contracts in an attempt to “strip out complexity to provide clear, easy-to-use and legally binding contracts” for SME businesses.

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Successful Entrepreneurs Never Make This Mistake

Maintaining your vision is important. However, listening to what your consumers need is equally essential.

You might not have all the answers when you’re just starting out, but listening to feedback can certainly help. That was the key theme Sarah Kauss, CEO and founder of S’well and Ben Chestnut, CEO of Mailchimp echoed at the iConic conference on Wednesday, an event co-sponsored by CNBC.

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Myers-Briggs Just Discovered There Is a Personality Type for Entrepreneurs

I get myself into trouble a lot.

My entrepreneurial mindset is a buzz-kill at parties. I keep talking about how to streamline the buffet or attract new partygoers. My mind is a constant swirl of ideas, and it can be a challenge to communicate those ideas to people who are not quite on the same page … or in the same book or possibly in the same library system.

I’m serious. It’s an illness. It’s a cognitive condition. I need help.

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