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2015 Year of the Freedom Charter
National Youth Policy
SONA 2015 in numbers

technology

  • Feb 13 , 2015

    Information and Communications Technologies (ICT) environment is dynamic and rapid technological development is changing how we communicate and access information and services. Separate frameworks have guided the development of the Telecommunications & Postal Services sector since 1994.

  • Jan 08 , 2015

    Facebook is the first high-tech service or platform in South Africa that has seen exactly equal take-up by males and females.

  • Nov 14 , 2014

    The Information Technology Association (ITA) was founded in 1934 and represents various companies concerned with the supply of information technology equipment, systems, software and services in the ICT industry. The ITA comprises a body of members actively participating in issues and events, which directly or indirectly affect business and need attention at national, international, governmental, NGO, para-statal and business level. ITA is an Industry Association that represents ICT companies.

    PURPOSE

    The purpose of the ITA is to represent and promote the interests of its members, which shall be employers active in the Information Technology Sector, as provided for in this constitution.

    Read up for on ITA: http://www.ita.org.za/

     

education

  • Feb 13 , 2015

    An Industrial Economic Hub (IEH) is a strategically planned community of manufacturing businesses seeking enhanced economic performance through collectively managed resources like energy, water, sewer reticulation services among others.

  • Feb 11 , 2015

    A South African national liberation venture in technology and political science, The Moses Kotane Institute (MKI) is a new institute of the KwaZulu-Natal Department of Economic Development and Tourism.

  • Feb 10 , 2015

    In the past businesses seeking funding were at the mercy of banks, investors or waiting in line for government funding. But as of April 2012, SEFA, the Small Enterprise Finance Agency, launched, providing hope for aspirant entrepreneurs all over the country. Here’s what SEFA does and how.

    About SEFA

    SEFA is the Small Enterprise Finance Agency established in April 2012 when South African Micro Apex Fund (SAMAF), Khula Enterprise Finance and business activities of the Industrial Development Corporation (IDC) merged. The purpose of SEFA is to respond to and meet the financial challenges faced by small and start-up businesses by providing and facilitating access to finance.

    SEFA services are primarily targeted to survivalist, micro, small and medium business enterprises and co-operatives that need development to contribute to the economy and employment.

    As of April 2013, SEFA plans to distribute R737 million to more than 15 000 small (but mostly micro) businesses by the end of the 1013/14 financial year – helping to create 18 000 jobs.

    The organisation lends small businesses amounts ranging from R500 to R3 million in three main ways: Straight to the business owner, via retail finance intermediaries, and through banks using credit guarantee schemes such as Khula.

    History of SEFA

    The merger was initially brought to public attention when it was announced by the President in the State of the Nation Address in February 2011; leading to the establishment and launch of SEFA in April 2012.
    What sets SEFA apart from its predecessors – SAMAF and Khula – is that where they only fund SMES through banks and other intermediary institutions, SEFA provides cash directly to entrepreneurs wanting to either start a business or expand an existing one. This is an important breakthrough for small businesses previously denied finance for their business by banks because of inherent default risk.

    Mandate of SEFA

    The mandate for SEFA is to develop sustainable survivalist, micro, small and medium enterprises and co-operatives with the intention of improving local economies and providing job opportunities.

    How SEFA hopes to help SME business in South Africa

    Over the next five years (from 2013), it aims to have doubled the number of businesses financed to 34 000 small businesses, doubled lending to R1,6 billion.
    Finance will be available to micro, small and medium enterprises and co-operatives through bridging finance, revolving loans, asset finance, working capital and term loans.

    The agency also plans to  investigate partnering with retail chain stores and government feeding schemes in order to expand more effectively into rural areas; improve pre-loan support programmes  in partnership with Small Enterprise Development Agency (SEDA) to improve uptake of its credit guarantee scheme; partnering with provincial development finance agencies; and expand its pilot project in partnership with the SA Institute of Chartered Accountants (SAICA) that trains young graduates how to assist small businesses.

    It also plans to roll out another nine branches per year, co-located within SEDA or IDC branch offices.

    Contact SEFA

    Any small business with a viable business plan can apply for a loan. SEFA will evaluate the business to determine whether it will be able to afford funding, what it will be able to repay, and over what period of time without negatively impacting cash flow.

    Visit www.sefa.org.za for more information

  • Feb 09 , 2015

    The Scholarship aims at carrying on the legacy of the influential academic and development practitioner Dr. Jörg Meyer-Stamer (October 30, 1958 – May 1, 2009).

  • Feb 06 , 2015

    What is the Entrepreneurship Development Programme?
     
    The Entrepreneurship Development Programme is aimed at creating a conducive environment for young entrepreneurs to access relevant entrepreneurship skills, knowledge, values and attitudes for their businesses. The programme offers a package of entrepreneurship trainings that responds appropriately and adequately to the labour market and business needs of the young people.