Business

Black Economic Empowerment (BEE) was an initiative launched by the South African government to cancel out apartheid’s inequalities. Through a 2003 Act, disadvantaged groups collectively called ‘Black’ (black Africans, coloureds, Indians and Chinese who are South African citizens) were given economic opportunities previously denied them.

Apartheid’s legacy ... more

While large corporations of the world are taking their countries forward on rapid innovation and development, it is small businesses that play a vital role in grassroots development contributing to a more equitable growth. South Africa’s small businesses are no different.

What is a small business?

The classification of a business as small is a relative term. In developing countries like South Africa, a small business is one that is usually entrepreneurial in nature, and employs around 100 people.

Small businesses in SA ... more

From a predominantly agrarian state to a country with a well diversified economy, South Africa has come a long way. Here’s a primer on the country’s main industries and exports and imports.

Main Industries

Commercial farming and  food processing, as well as textiles, are among South Africa’s high growth industries, fed by its abundance of agricultural produce like wheat, corn, sugarcane, citrus and deciduous fruits and other traditional occupations like sheep and dairy farming. ... more

Q: “What are natural resources in South Africa?”

A:”South Africa has a lot of vegetation and a lot of animals”.

The answer above, found on the internet, is true on both counts.

Biodiversity ... more

While it might be going too far to claim that South Africans love paying their taxes, it is safe to say that they love doing it online. According to SARS, last year over 86 percent of tax returns were done digitally, either by individuals logging onto the SARS web site or with the help of officials at the SARS branches.  ... more

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