Small and medium-sized enterprises (SMEs) represent a staggering 98% of business in South Africa today. The fact that SMEs also employ between 50 and 60% of the country’s workforce and are responsible for a quarter of the job growth in the private sector – according to McKinsey – means they Continue Reading
SMEs
Unpacking the Digitalisation of South African SMEs – Tempemail
In just a matter of months, the COVID-19 pandemic struck the world at the speed of light. Most businesses weren’t prepared and were forced to adapt to extraordinary challenges in order to continue with business operations –whilst battling to stay afloat. In South Africa, many businesses have opted for mass work-from-home policies for their staff, as businesses navigate through new ways Continue Reading
Reducing Complexity by Increasing Consolidation for SMEs – Tempemail
Complexity is the bane of effective cybersecurity. The need to maintain an increasing array of cybersecurity tools to protect organizations from an expanding set of cyber threats is leading to runaway costs, staff inefficiencies, and suboptimal threat response. Small to medium-sized enterprises (SMEs) with limited budgets and staff are significantly Continue Reading
How SMEs Should Protect Themselves from Cybersecurity Attacks – Tempemail
Stefan van de Giessen, General Manager: Cybersecurity at Networks Unlimited Africa Small and medium enterprises (SMEs) are widely acknowledged as playing a critical role in South Africa’s economy, and yet they are also potentially more at risk in terms of their ongoing survival than larger enterprises. According to a recent Continue Reading
Mastercard and Netcash Launch QR Code Billing Service for SMEs | Tempemail
Mastercard and Netcash have partnered to launch Quick Response (QR) code payments as part of its efforts to help Small and Medium Enterprises (SMEs) collect revenue more effectively. This QR payment system hopes to meet the demand of today’s connected consumers who are increasingly seeking easy and contactless ways to Continue Reading
Payfort Launches #StartUpStayUp Initiative to Support Egyptian SMEs | Tempemail
Amazon’s Payfort has announced the launch of the #StartUpStayUp initiative which aims at supporting start-ups and small-to-medium sized businesses SMEs across Egypt. The Fintech company has invited more than 100 of its startup and SME merchant partners to benefit from the initiative which aims to support them in increasing traffic Continue Reading
South African SMEs Begin Road to Economic Recovery | Tempemail
Sourced from Forbes. Small businesses in South Africa were at a low point on 10 April. Under the weight of the COVID-19 burden, many companies were almost at breaking point. Turnover has been down by 92% relative to the period before the lockdown went into effect on 24 March. There Continue Reading
Open for business: 70% of SMEs believe marketing is more important than ever- Tempemail
For all of us, Covid-19 has upended ‘business as usual’ – we clap for the NHS, talk of PPE and share WFH tips. But what impact is the pandemic having on businesses? In particular, the SMEs that make up 99.9% of all private sector business in the UK? According to Continue Reading
Respond, Restart, Re-create – How SMEs can Survive Lockdown | Tempemail
Sourced from SAP The outbreak of COVID-19 has caused disruption across the globe and has led to two simultaneous crises. The first is the illness itself – with tens of thousands of fatalities globally and healthcare systems strained, or at capacity. The second is an economic slump, resulting from the Continue Reading
Indian SMEs to benefit from Alibaba Cloud’s $30mn programme- Tempemail
Read Article Small and medium-sized enterprises (SMEs) in India are set to benefit from a $30 million global “anti-COVID” programme that Alibaba Cloud, the data intelligence backbone of Chinese e-commerce giant Alibaba Group. The “Global SME Enablement Programme” will provide cloud technology relief to both new and existing SME customers Continue Reading