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SMEs South Africa

How a Data Breach Could Sink an SME

Sourced from CSO. When it comes to reporting on cybercrime, we tend to only come across stories impacting major companies or industries. Apart from the obvious reputational damage, we don’t really grasp the consequences of something like a data breach on a company and its customers. There are no headline articles about the troubles that emerge in the wake of a data breach, some of which literally grind small and medium enterprises (SMEs) into the ground. The media focuses on corporate giants as the only victims of cybercrime and lulls us into a false reality where data breaches seem to happen mostly to corporate behemoths but not the small or medium size business owners. Cybercriminals, who are often well-organised and well-resourced, launch constant attacks on data targets, probing for th...

How Tech Businesses Can Empower South African Entrepreneurs

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Is it Time for South African SME’s to Flick the Switch to Solar?

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Huawei South Africa to Invest $5.8-Million in SMEs as Part of New Cloud Plans

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Most SMEs Are Owed Money – Here’s How Tech Can Help Them Get Paid

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SA’s ‘Startup Act’ – Here’s What President Ramaphosa Had to Say

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

Social Media Adoption Helps SMBs Power Africa’s Economic Growth, via Study

Sourced from MSU Today /* custom css */ .tdi_4_55b.td-a-rec-img{ text-align: left; }.tdi_4_55b.td-a-rec-img img{ margin: 0 auto 0 0; } A study conducted by Genesis Analytics in eight African countries – Senegal, Côte d’Ivoire, the DRC, South Africa, Nigeria, Ghana, Mauritius, and Kenya – reveals that social media platforms help accelerate economic growth and opportunity across the continent. The African continent is heavily reliant on its small and medium-sized enterprises and businesses (SMEs & SMBs), which are the backbone of the economy. As many countries across the continent have embarked on their digital transformation, the research shows that digital platforms can play a key role in the continent’s development. /* custom css */ .tdi_3_0f0.td-a-rec-img{ text-align: left; }.tdi_3_0...

Sage Provides Award-Winning Cloud Solutions to Help All Businesses Perform at Their Best

/* custom css */ .tdi_4_620.td-a-rec-img{ text-align: left; }.tdi_4_620.td-a-rec-img img{ margin: 0 auto 0 0; } Sage is the global market leader for technology that helps small and medium businesses perform at their best. The company is trusted by millions of customers worldwide to deliver the best cloud technology and support, with our partners, to manage finances, operations, and people. “We believe in doing everything we can to help people be the best they can be, so the combined efforts of 12,000 Sage colleagues working with businesses and communities make a real difference to the world,” the company says. /* custom css */ .tdi_3_ea6.td-a-rec-img{ text-align: left; }.tdi_3_ea6.td-a-rec-img img{ margin: 0 auto 0 0; } “Sage. Perform at your Best.” Having similar humble origins to the myr...

Remote Work is Here to Stay: 4 Critical Elements Companies MUST Address

Sourced from Getty Images. Every business has to protect three critical assets – its staff, customers and its data. When one has six-foot walls around their home, one hopes to protect their physical property and household goods. Unfortunately, most people’s defences are woefully inadequate when it comes to their digital property. When COVID-19 struck last year, many businesses within a week were mandated to have their staff work from home. From an IT perspective, it meant slapping a band-aid on a wound. However, more than a year later, with many companies embarking on a process to get their staff back into the offices, IT assets remain at risk. The reality is that remote working is here to stay, and that an increase in remote work has led to surges in cyber attacks worldwide. Locally and i...

Why SMEs in South Africa Benefit from Alternative FinTech

Image sourced from Cape Business News. /* custom css */ .tdi_4_c3c.td-a-rec-img{ text-align: left; }.tdi_4_c3c.td-a-rec-img img{ margin: 0 auto 0 0; } Data and automation are rapidly changing the lending game in South Africa. The country is seeing the emergence of an agile new class of fintech that uses proprietary data and algorithms to vet loan applications within minutes so that retailers can access working capital they need to grow and thrive. This is according to Steven Heilbron, CEO of the Connect Group. “Alternative, technology-powered financing solutions are disrupting South Africa’s commercial lending market, especially the retail space and in the process, it is helping thousands of SMEs to navigate the threats and opportunities of a volatile economic landscape during the pandemic...

To Emerge from COVID-19 Businesses Will have to “Re-Think” Traditional Models

Sourced from Tech Loot Traditional models of business funding need a re-think if South Africa’s small businesses and entrepreneurs are to emerge from the financially crippling “winter of coronavirus” into a spring of growth and rejuvenation. Accepting that downturns, recessions and economic crises are inevitable, one needs to shift the focus into building “Zebra” companies – sustainable businesses with steady growth, strong balance sheets and cash flows, and able to withstand downturns – rather than “Unicorns that will die without the next round of funding”, says University of Stellenbosch Business School (USB) Senior Extraordinary Lecturer, Daniel Strauss. “In the past, we had a mindset of ‘or’ – we either had a traditional SMME that was funded through debt or we had a start-up that was f...