Commuscore’s Solution to Providing Credit Evaluation for the Unbanked
One of the biggest consequences of an unbanked population is that they are unable to participate in the formal economy. This is a problem across the African continent, for South Africa in particular - of the 70% of adults with bank accounts, only 24% make more than 3 transactions monthly. This translates to a poor...
Fail Fast, Fail Often
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Common Mistakes SMEs Make When Looking At Growth Opportunities
Dion de Graaff, Chief Operating Officer at The Twinsaver Group, highlights a number of mistakes that SMEs make and how they can overcome certain barriers to achieve sustainable growth: Redesign your strategy - SMEs often fail to clearly outline their strategy and very often the strategy is not adaptable to a dynamic market Ascending...
African Consumer and Retail Sector Report 2016
The report highlights two key demographic and macroeconomic factors as well as consumer spending habits that will drive the retail market in Africa. Fast moving consumer goods (FMCG), will remain a large part of the market, due to spending habits of the extremely poor consumers in Africa. There is an opportunity to offer higher...
Everything you need to know about registering your startup’s name
Adrian Dommisse from Dommisse Attorneys Inc, an attorney who specializes in corporate finance and general commercial contracts, highlights the legal aspects concerning name reservations including: It is not necessary for a company to register a name when registering their company, however business owners need to be mindful of not 'encroaching on someone else's territory'....
Female entrepreneurship: Is South Africa winning the gender inequality struggle?
South Africa still grapples with issues concerning gender inequality. On a global level, the facts show that even though women are prevalent in global workforce, education, employment and wealth indicators still favor their male counterparts - there are parallels to South African trends. A panel of South African panelists discuss this disparity and have highlighted a...