Dollar supply has dried up ahead of Tuesday’s election in the east African nation
The SA workforce should look like the people who live in the country, not an enclave of a sensitive minority
In 2020, SA exported $344.6m worth of steel and US$324m worth of aluminium to the US, according to the UN COMTRADE database on international trade
Opposition party says crime has shot up to a record high because little has been done to halt joblessness
The officials were found to have failed in their fiduciary duties due to actions including paying themselves to attend a golf day
Transnet, Telkom and Eskom estimate that thieves and vandals cost them a total of R7bn a year due to metal theft
Cuban officials are accepting international support in their fight to contain a massive fire at a fuel depot that has left at least 77 injured, 17 missing and sparked a mass evacuation from the area.
Every time All Black coach Ian Foster fronts the media, he presents it with denial, not truth and honest appraisal
The interior designer on timeless style and a feminine design sensibility
SA is a "complete outlier" internationally when it comes to employment creation by small and medium-sized enterprises, raising questions about possible policy and regulatory failure.
Initial findings of a new study by the Small Business Institute (SBI) and the Small Business Project (SBP), released on Tuesday, found SA has only 250,000 formal SMEs, less than previous estimates of between 2-million and 6-million. "The situation is dire," Bernard Swanepoel, president of the SBI, said at the launch. "SMEs face extinction if we’re not careful," he added.
While formal SMEs — defined as businesses employing fewer than 200 employees — account for 98.5% of the economy, they only employ 28% of the formal workforce. This is significantly lower than employment rates internationally.
In the Organisation for Economic Co-operation and Development countries, over 95% of businesses are SMEs, employing between 60% and 70% of the working population and contributing up to 60% to GDP, said Chris ...
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