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Since the beginning of August, the Small Enterprise Finance Agency (sefa) has been working to assist small businesses affected by the devastating recent looting and unrest in KwaZulu-Natal and Gauteng.

The Small Enterprise Finance Agency (sefa) believes that assisting young entrepreneurs is vital for South Africa’s economy, and will boost efforts to achieve the country’s National Development Plan 2030 goals.

Please note that there is currently a scam doing the rounds about a township progressing business forum fund. 

The sefa Amavulandlela Funding Scheme is set to usher businesses of entrepreneurs with disabilities into the mainstream economy.

In our latest newsletter we spotlight the Amavulandlela Funding Scheme and our SMME roadshows. Our CEO gives some advice we help with common application pitfalls. 

The NISED Masterplan forms the third iteration of the high-level strategic framework of SMME development and targeted support, following the White paper in 1995, the Integrated Strategy for the Promotion of Entrepreneurship and Small Enterprise (ISPESE) in 2004 and the Improvement plan developed in 2019 post the ISPESE’s evaluation.

Meet 32-year-old Boitumelo Pico, owner of D500 Kitchen, a chicken and fish-and-chips establishment based in Utlwanang in North West province, which is one of the youth-owned businesses funded and supported by sefa.

sefa funding recipient Mpilo Keswa of Touch Technology Internet Café in Eshowe, KwaZulu-Natal, talks to us about her business journey and experience with sefa.

Arion Power received its pre-seed funding and assistance with cash flow from sefa. Here’s a look at the business, founded by a group of postgraduate students as part of the University of Cape Town’s Genesis programme.

In this extract from his paper titled “Strategies for reducing youth unemployment in South Africa”, Jubane talks about macroeconomic and microeconomic policies that can be used to reduce youth unemployment in South Africa and worldwide.

sefa and the AIDC announced a combined initiative that aims to support South Africa’s automotive and manufacturing industries by improving access to opportunities for SMMEs and boosting supply-chain and enterprise development.

Madiba established Sakhe in 2020 in order to acquire two interrelated engineering businesses, Gehring Engineering and AIG Plasma. The Small Enterprise Finance Agency (sefa) assisted him with the funds to acquire the companies and stock, along with working capital.