Developing Small, Medium and Micro Enterprises (SMMEs) as suppliers to larger businesses can be a catalyst for positive economic and social change. A four-pillar support approach is one way of creating sustainable long-term enterprises. A thought-out entrepreneur selection and screening process is a pre-requisite to ensuring a successful outcome of the four-pillar approach. This is […]
Launched this year, Letsema Talks has sought to offer the views and expertise of Letsema’s diverse range of staff on a variety of topics we believe those working in a business, or responsible for managing one, may find enlightening, intriguing, educational and valuable in a time of unprecedented uncertainty. Over the next two installments of […]
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, […]
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 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 […]
Ten years ago, Letsema acquired an SME called Cirebelle. The firm is a exporter and manufacturer in the specialty chemicals value chain, and at the time had 12 employees. Cirebelle provides invaluable insights into the requirements for successfully exporting as an SME from a developing country that is far away from major markets. Developing countries […]
