Small, Medium and Micro Enterprises (SMMEs) are an important vehicle to drive economic growth, job creation, and social development. Yet, SMME development in South Africa faces several hurdles as they seek to grow, with one potential avenue being a support ecosystem underpinned by large businesses. In this installment of Letsema Talks, Shenelle Nair, Engagement Manager […]
In the latest installment of Letsema Talks, we speak to Keith Van Niekerk, Group Executive: M&A and Partnerships, with our conversation centering on Letsema’s values and partnership philosophy. We discuss how being moored to a set of partnership principles has shown its value during the COVID-19 pandemic, how great people have guided Letsema’s industry approach […]
What you are hearing is a claxon: loud, unmistakable, and sounding a shrill warning to all in our country, from the SME sector to the public at large: South Africa is in real trouble. Petty parlour games and posturing must be suspended. We need a collective response to the existential threat posed by low growth, […]
In the latest installment of Letsema Talks, we speak to Letsema Chief Financial Officer, Katlego Tlale. Our conversation with Katlego traverses a number of topics, including leadership in a time of crisis, how executive tenure is mismatched against economic downturns, the effect of the COVID-19 pandemic upon South Africa’s balance sheet, and the opportunity that […]
Small, Medium and Micro Enterprises (SMMEs) are widely recognised as the driving force of the South African economy. The National Development Plan (NDP) has stipulated actions to stimulate the growth and sustainability of the SMME market, envisaging that SMMEs will create 90% of new employment opportunities and contribute between 60-80% to national Gross Domestic Product […]
In the latest installment of Letsema Talks, Rowan McDonald, Partner: Corporate Finance at Letsema, talks about how business valuations have been impacted by the COVID-19 pandemic, what businesses can do when assessing their own situation, and his thoughts on COVID-19’s impact on future economic development, among other topics. To find out more about how Rowan […]
In the next installment of Letsema Talks, Tafadzwa Mudyiwa, Associate Partner at Letsema, talks about the different relief options available to SMEs within the public and private spheres, and how they can make themselves as resilient as possible in this time of economic crisis. Letsema Talks · Letsema Talks: SME relief strategies in a time […]
Author: Anandini Dabas The world of work is rapidly changing. New technologies driven by the Fourth Industrial Revolution (4IR) are causing fundamental shifts in the labour market and creating a re-evaluative conjecture on what work is. The certainty workers possess on livelihood sustainability is now hinged on permanent-insecurity. The largest contingent radically propounding ‘neo-work’ are […]
Recently, I was fortunate to moderate a panel at SAIC 2019. Having experienced last year’s conference, I wasn’t going to attend this year’s instalment but felt the tug of national duty when asked to moderate. On the panel, I enjoyed, inter alia, listening to the thoughts of Finance Minister Tito Mboweni and Public Enterprises […]
The 2019 Budget, tabled by Finance Minister Tito Mboweni in Parliament on Wednesday, 21 February, was a demonstration of prudence and intent, particularly in an election year. According to Katlego Tlale, Chief Financial Officer at Letsema, Mboweni’s speech did not include any language suggestive of any expansionary expense by government for the 2019/2020 financial year. […]
