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.
Budget 2018: The silver lining for small businesses
While there’s much to be depressed about after the 2018 Budget Speech, it’s not all doom and gloom for small business-owners
As expected, the Finance Minister and Treasury have proposed some tough measures to address South Africa’s tax collection shortfall, growing budget deficit and new spending priorities such as free education. Higher Vat, fuel levies and import duties on luxury goods will no doubt crimp consumer spending, which could be bad news for smaller businesses.
Banker turns winemaker turns banker: SA’s Jordaan is back
For most, owning a wine farm on a mountainside close to the sea, surrounded by family and friends, would be all they ever needed. But for Michael Jordaan, former chief executive officer of one of South Africa’s biggest consumer lenders, the banking bug runs too deep.
Having moved to his wine farm Bartinney full time in 2014, after 10 years at the helm of FirstRand’s First National Bank, 49-year-old Jordaan is now readying Bank Zero, a digital bank that may offer some services for free.
OZblu launches blueberry academy
South Africa-based blueberry breeder OZblu has announced the “imminent” launch of new school, the OZblu Academy, to train disadvantaged South Africans in blueberry production.
The move is part of OZblu’s bid to boost the South African agriculture industry and help grow the nation’s economy, OZblu co-founder and global ceo Roger Horak said in a press release.
Why blockchain is here to stay
Blockchain is here to stay, and startups will be at the heart of the technology’s spread across Africa.
That is according to Tricia Martinez, chief executive officer (CEO) of South African fintech startup Wala, which is using its new Dala digital token to deliver zero-fee access to products offered by financial institutions.
Speaking at the Dot Finance Summit Africa in Kigali this week, Martinez said there was a lot of speculation that the digital currency bubble was going to burst, but that is not the case.
Inaugural Conference for Entrepreneurship and Cooperative Development #ECDIConference2018
On 1 March, Darlene Menzies, CEO of Finfind will be addressing The Entrepreneurship and Cooperative Development Institute Conference 2018 in Fourways, Johannesburg.
This one-day action-packed inaugural conference is set to determine what is in the pipeline, what comes next and importantly, how to connect and where to engage.
The Entrepreneurship and Cooperative Development Institute (ECDI) is about feedback, reflection, and collective action.