master-post

The Department of Small Business Development, in collaboration with the Small Business Development Institute (SBDI), recently convened the Fourth National SMME Policy Conference, a pivotal event aimed at addressing the challenges and opportunities faced by small and medium-sized enterprises (SMMEs) in South Africa. The conference served as a platform for policymakers, industry experts, and stakeholders…

In a compelling piece featured on Sowetan Business, the urgent call to take black business funding seriously reverberates. The article sheds light on the critical need to prioritize financial support for black-owned enterprises, emphasizing their pivotal role in economic empowerment and growth. It articulates the challenges faced by black businesses in accessing funding and highlights…

Xolani Qubeka, the first CEO of the re-established Black Business Council (BBC) in 2012, has been pivotal in advancing economic transformation and the creation of black industrialists. He chaired the Task Team during the 2011 Black Business Summit, influencing significant amendments to the BEE Amendment Bill and the Revised Codes of Good Practice on BEE.…

Xolani Qubeka of the Black Business Council praised the Memorandum of Understanding (MoU) between the Department of Trade and Industry (dti) and South African Airways (SAA). This agreement aims to provide procurement opportunities for Black Industrialists at SAA. It supports radical economic transformation, with a commitment to channeling significant procurement spend towards Black-owned businesses, ensuring…

Xolani Qubeka, founding chief executive of the Black Business Council (BBC) and current CEO of the Small Business Development Institute (SBDI), shares his journey from humble beginnings to influential leader. Despite lacking formal qualifications, Qubeka’s entrepreneurial spirit and dedication to black empowerment have driven his success. His career includes diverse ventures from hairdressing to telecoms,…

The newly formed Department of Small Business Development in South Africa is seen as a major step forward for the sector. Business leaders stress the need for strategic coordination and effective communication across departments to bolster small business growth. Key points include the necessity for focused policies and resource consolidation to promote economic empowerment. For…