SMMEs should be supported using coordinated and targeted programmatic strategies in order to harness their full potential. Support strategies can be crafted based on key SMME categories that vary based on SMME tenure, growth phase and size. Four key categories for consideration include: Experienced professionals and SMMEs: These are entrepreneurs and SMMEs that have been […]
Author: Strategy & Enablement Practice Small, Medium and Micro Enterprises (SMMEs) have the strengths to drive economic growth in South Africa, particularly in areas of high unemployment if these are leveraged and weaknesses addressed through comprehensive multi-dimensional support programmes. Corporates and South Africa at large have a vested interest in growing and developing SMMEs as this […]
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, […]
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 […]
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 […]
Letsema Corporate Finance is ready to help you get South Africa back to work The novel coronavirus (COVID-19) is expected to exact a heavy toll on public health and wellbeing. In these trying and challenging times, businesses are faced with extremely difficult choices as economic activity grinds to a halt. Many large businesses have been […]
The Bulungula Incubator (BI) has been operating in the Xhora Mouth Administrative Area in the Eastern Cape since 2007, with their work having already begun in 2004 through the Bulungula Lodge. As South Africa gets to grips with COVID-19, Rejane Woodroffe, director of the BI, spoke to Letsema about the challenges facing rural areas in […]
During the COVID-19 emergency, staying informed with verified information is critical in mitigating the spread of COVID-19. The South African government’s official online portal is where you can find accurate data, news and updates as our country gets to grips with COVID-19. https://sacoronavirus.co.za/ […]
As the world and South Africa braces for the harsh socio-economic costs of the Covid-19 pandemic, the tourism and hospitality sector finds itself on the frontline. The unavoidable truth is that the measures necessary to contain the virus will also curtail the behaviours that transport companies, travel operators, accommodation providers and food and entertainment businesses […]
