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SMMEs

SMMEs (small, medium and micro enterprises) are businesses classified by their size, turnover and employee headcount, forming the backbone of most developing economies. In South Africa, the category is defined by the National Small Business Act and encompasses entities ranging from survivalist microenterprises to established medium-sized firms with up to 200 employees, depending on the sector. SMMEs play a critical role in job creation, economic diversification and poverty alleviation, particularly in countries where formal employment opportunities are limited. The sector spans all industries, from retail and services to manufacturing and agriculture, and is often targeted by government support programmes, preferential procurement policies and dedicated financing schemes. Despite their economic importance, SMMEs face persistent challenges including limited access to finance, regulatory burdens, skills shortages and competition from larger corporations. In South Africa, SMMEs account for a significant share of private-sector employment and are central to the government's economic transformation and black economic empowerment objectives. Development finance institutions, commercial banks and donor agencies offer tailored products such as microloans, business development services and incubation support to strengthen the sector. The resilience and growth of SMMEs are closely watched as indicators of broader economic health and inclusive development.

SMMEs News


Applications Open for South Africa's Best Artisan Business Owners
Updated 1 hour 5 minutes ago

Applications for the prestigious Artisans of Mzansi are open, affording artisanal entrepreneurs throughout South Africa the opportunity to compete for prize money of up to R200 000. Hopefuls have... 


Lindie Fourie, Operations Manager at BCCEI.
Labour compliance by small subcontractors is critical for smooth projects
Updated 3 hours ago

As a labour-intensive industry, civil engineering has long played a pivotal role in stimulating the growth of small businesses and subcontractors. However, while the sector creates opportunities... 


Fuel price volatility is creating a new cross-border challenge for SMEs
3rd June 2026

South Africa's latest fuel price adjustment, which saw petrol prices increase while diesel prices declined, highlights the volatility that continues to shape business operating costs. For small and... 


Khayelitsha Cookies reach UK shelves, skies
29th May 2026 By: Irma Venter

Cape Town-based artisanal biscuit producer Khayelitsha Cookies has secured more than R1.4-million in deals from two UKbacked companies. One agreement will see its products served onboard British... 


Innovation, AI and Industrial Resilience Drive MEMSA #MindShift 2026
Innovation, AI and Industrial Resilience Drive MEMSA #MindShift 2026
26th May 2026

By Sue Breckenridge The 2026 MEMSA #MindShift Conference brought together mining executives, OEMs, engineers, researchers, policymakers and thoughtleaders to explore how South Africa’s mining... 


Image of Epson projectors
Projectors and printers offer sleek design and improved functionality
22nd May 2026

A new range of projectors and printers intended for home users and small to mid-sized businesses has been unveiled by Epson. The launch introduces the Lifestudio projector series, next-generation... 


EXTENDING REACH Through an extensive range of education and training initiatives, Impala Platinum Holdings is changing outcomes for mine personnel at all levels, as well as host communities and entrepreneurs
Platinum major refines education, training programmes
22nd May 2026 By: Trent Roebeck

Through an extensive range of education and training initiatives designed to improve mine efficiency, community and economic development, in addition to providing career opportunities for youth,... 


Fastway keeps clients at the centre of pricing decisions as fuel costs surge
Fastway keeps clients at the centre of pricing decisions as fuel costs surge
15th May 2026

As fuel prices continue to place pressure on South Africa’s logistics sector, Fastway Couriers has reaffirmed its commitment to its clients by introducing a fixed 5% fuel-related rate adjustment... 


 	The above image depicts Deloitte Africa reveals strategic transformation partner Simon Hirschfeld
Botswana doing well to diversify from diamonds – firm
15th May 2026 By: Lynne Davies

Despite ongoing economic challenges stemming from the rise of lab-grown diamonds – considering Botswana was a major miner of natural diamonds – and depressed global diamond demand, professional... 


An image of Chartered Institute for Procurement and Supply (CIPS) Southern Africa regional MD Paul Vos
ESD programmes enable formal supply chain integration
15th May 2026 By: Nadine Ramdass

Amid South Africa’s evolving procurement landscape, enterprise and supplier development (ESD) programmes are assisting small suppliers in building the capability, compliance and credibility needed... 


An image of Competition Commissioner Doris Tshepe handing over the report to Trade, Industry and Competition Minister Parks Tau in Pretoria
Economy still highly concentrated, but positive trends abound, report shows
12th May 2026 By: Tasneem Bulbulia

South Africa’s economy remains highly concentrated, with about one-third to one-half of 228 economic subsectors still ranked as highly or moderately concentrated; however, there are positive trends... 


 Sustainability and ESG Africa Conference 2026 to Highlight the Economics of Sustainability for Organisations in Africa
Sustainability and ESG Africa Conference 2026 to Highlight the Economics of Sustainability for Organisations in Africa
12th May 2026

As sustainability moves beyond compliance and reporting into the centre of business strategy, the Sustainability and ESG Africa Conference & Expo 2026 will focus on helping organisations across the... 


South Africa’s post-collision repair capacity under structural pressure – SAMBRA
8th May 2026 By: Irma Venter

South Africa’s post-collision repair sector is entering a period of structural strain that could have far-reaching implications for insurers, manufacturers and consumers alike, warns the South... 


Panellists highlight how integrating climate and nature is no longer optional but a systemic shift that will reshape how businesses operate
Panellists highlight growing urgency for integrated climate–nature strategies
1st May 2026 By: Shannon de Ryhove

There is a growing recognition that businesses, financiers and policymakers must move beyond siloed approaches when it comes to sustainability, embedding both climate and biodiversity... 


An image of Foton's new range of bakkies and trucks
OEM promises sustainability, enhanced operationality
1st May 2026 By: Trent Roebeck

Light commercial vehicle original-equipment manufacturer (OEM) Foton affords small and medium-sized enterprises (SMEs) access to electric vehicle (EV) options to mitigate the impact of high fuel... 


RMI and Germany’s HWK Erfurt launch three-year e-mobility skills partnership
1st May 2026 By: Irma Venter

The Retail Motor Industry Organisation (RMI) and the German Chamber of Crafts (HWK) Erfurt have launched a three-year structured technical and vocational education and training (TVET) partnership,... 


First city-approved affordable rental flats under construction in Cape Town
1st May 2026 By: Irma Venter

Sithembele Sidzumo and his team from Kaya Properties have officially broken ground on the Ubuntu Terrace 1 project in Delft, Cape Town. The development is the first TUHF-funded project to receive... 


Image of contractors delivering road maintenance services
Supporting small subcontractors to ensure labour compliance
24th April 2026

Labour compliance can be a significant barrier to entry for small businesses and subcontractors in the labour-intensive civil engineering industry, notes Bargaining Council for the Civil... 


An image of a steel structure in construction
Challenges erode industry sustainability
24th April 2026 By: Nadine Ramdass

While South Africa’s metal fabrication and metalworking sector is diverse, resilient and robust, it faces significant constraints, compounded by competition from Asian markets, which threaten the... 


Smarter water use could feed 10bn, create nearly 250m jobs – World Bank
24th April 2026 By: Natasha Odendaal

Current agricultural water management practices, characterised by overuse in some countries and underuse in others, can only sustainably support food production for less than half the global... 


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