South African Clothing and Footwear Companies to Showcase their Products at Source Africa Exhibition in Cape Town

The Department of Trade and Industry (the dti) will host South African clothing, textiles, leather and footwear companies at the Source Africa exhibition scheduled to take place in Cape Town, Western Cape from 12-14 June 2019. The companies will showcase their proudly South African made products and also participate in a series of workshops and fashion shows. Source Africa is the premier sourcing event on the African continent which brings together suppliers, manufacturers, service providers and buyers all under one roof. The exhibition also showcases products and services across all…

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New Business Founders Forum to support Africa’s entrepreneurial sector

DURBAN – The fundamentals that underpin Africa’s investment opportunity are still exceptionally strong. Africa is home to over 400 businesses with annual turnover in excess of $1 billion (R14.8bn), and as a result consumer spending across the continent – which currently totals $1.4 trillion – continues to rise with this growing population and an emergent middle class. This is according to Herman Marais, chief executive and founder of EXEO Capital, who was speaking in Cape Town at the inaugural Business Founders Forum (BFF) – a platform initiated by EXEO to provide…

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Fiat still on the lookout for merger partner. Could it be Hyundai?

Rome – In the wake of collapsed merger talks with French rival Renault, options for Italian-American carmaker Fiat-Chrysler to jump to the top tier of global automobile manufacturers are limited. Analysts said Fiat-Chrysler’s dramatic merger proposal with Renault last month had the potential to reshape the worldwide motor industry. It would have created the sector’s third largest company in terms of vehicle production and revenue, a company with a significant presence in every vehicle category and in almost every major car market. The planned “merger of equals” could have created…

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Whats SMEs should consider when applying for funding

DURBAN – SMEs who are not adequately prepared when applying for credit often develop an incorrect assumption that banks are not open to lending. Valentine Jingura, Head of Pricing at FNB Business said that the banking sector is eager to lend to SMEs as means to stimulate economic activity and broader GDP growth. As responsible financial services providers, banks are bound by a set of guidelines and principles, which prohibit reckless lending – to protect consumers and businesses. Accordingly, SMEs who seek financial assistance should familiarise themselves with the credit application…

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Edison Power Group has been named the Best Electrical Company in SA

DURBAN – Edison Power Group (EPG) owned by entrepreneur Vivian Reddy has been named the Best Electrical Company in South Africa for the 10th consecutive year. PMR. Africa Chief Executive, Johan Hattingh said that this was an unprecedented achievement for any business in South Africa. The company received its tenth Diamond Arrow Award at a Business Leaders event hosted by PMR Africa at the Royal Johannesburg & Kensington Club on 3rd June 2019. Hattingh said, “This award is based on an annual research process where the respondents representing the Construction…

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