Latest News & Developments
stella ndabeni abrahams
Government eyes maritime sector to revive job creation, stimulate growth
Facing high youth unemployment and sluggish economic growth, South Africa's Minister of Small Business Development, Stella Ndabeni-Abrahams, believes the oceans economy holds the key to revitalising the nation.
Spaza shop owners: Stay vigilant against fraud targeting R500 million fund applications
The Department of Small Business Development urgently warns spaza shop owners about rising fraudulent schemes linked to R500 million fund applications. Discover essential tips to safeguard against scammers posing as government officials.
Ministers launch R500m fund to empower spaza shop owners
The fund, aimed at empowering and skilling South African-born spaza shop owners and other food handling businesses with training, skills, and funds to inject into their business, comes after spaza shop owners were given until February 28 to register their businesses following a wave of food-borne fatalities in Soweto and other parts of the country.
R500 million fund launched to support South African spaza shops
South African-born spaza shop owners are encouraged to cease leasing their businesses to undocumented immigrants, as a new R500 million support fund is introduced to empower local entrepreneurs.
Ministers unveil R500m spaza shop fund, warn against fronting for illegal immigrants
Government ministers have unveiled a R500 million Spaza Shop Support Fund in Soweto, urging South African shop owners to stop leasing properties to undocumented immigrants. The initiative aims to return the township economy to local hands through financial support and skills development, with Minister Ndabeni-Abrahams revealing that only 53% of registered spaza shops are South African-owned.
Ndabeni-Abrahams: 'Unapologetic' plan to protect SA township businesses
Small Business Minister Ndabeni-Abrahams unveils strict new licensing measures and a R500 million fund to protect South African township businesses from illegal foreign operators, while rejecting accusations of xenophobia.
Government unveils R500 million fund to empower township spaza shops
This fund, a joint effort by government departments, provides financial support to spaza shops and convenience stores essential to local communities.
How the DSBDConnect platform is transforming support for spaza shops and tackling illegal businesses
The Department of Small Business Development has unveiled DSBDConnect, a groundbreaking digital platform designed to support legitimate spaza shops and combat illegal businesses. With a substantial R500 million support fund, this initiative aims to enhance food safety and promote regulatory compliance across South Africa.
Tolashe defends Sassa outreach programme amid ANC celebrations
The Social Development Department and its entities, Sassa and the National Development Agency, have organized a week-long outreach programme in Cape Town that will run until 14 January to coincide with the ANC anniversary celebrations.
ANC’s KZN structure teeters on the brink of disbandment as ‘compulsory’ meeting with NWC looms
In this turbulent time for the ANC in KZN, party members await Saturday’s meeting with bated breath, contemplating not only the future of their provincial leadership but also the broader implications for their political landscape.
South Africa to create 1 million new startups and SMMEs by 2030
To further level the playing field, the government plans to repeal outdated legislation, including the Businesses Act and introduce a Business Licensing Bill to streamline compliance and formalise informal businesses.
Taxpayers forked out R1. 2million to send 13 officials on state trip to China
Department of International Affairs Minister, Ronald Lamola, said it cost his department R1,201,449. 00 to send officials to the People's Republic of China in September.
‘Where’s the money from?’: Bosa demand answers on R500 million fund aimed at township spazas
Build One South Africa (Bosa) said it welcomed the R500 million initiative aimed at empowering township economies, but raised questions about accountability, transparency, and the risk of mismanagement and the money disappearing.
Spaza shops not effectively regulated, says minister Ndabeni-Abrahams
Ndabeni-Abrahams said foreign nationals were renting space from property owners that own businesses, not government buildings.
Minister Stella-Ndabeni Abrahams applauds signing of Small Enterprise Amendment Act
South Africa’s small enterprise sector is set to flourish under the new legislative framework, says Minister of Small Business Development, Stella Ndabeni-Abrahams.
YES aims to grow SME sector through zero fee initiative
We want to do what we can to help SMEs to place youth in their businesses, which will, in turn, expose these young people to entrepreneurship with all its possibilities.
Ministers, MPs score in the fashion stakes at the Opening of Parliament
Politicians know a thing or two about fashion and on the red carpet there was plenty of colour, traditional wear and sparkling outfits.
SA hopeful for increased job creation under new minister
‘The whole country looks forward to hearing the voices of our new Minister of Employment and Labour, Minister Nomakhosazana Meth. My plea goes to Minister Meth to engage with all the other ministries who can influence job creation in the future. ’
A bank should be a catalyst for building an inclusive economy
The biggest beneficiaries of Ithala’s success and resilience to continue navigating the challenging territories are its customers, the people of KwaZulu-Natal, many of whom are from the deep rural areas and townships.
Building a coordinated, cohesive and collaborative small business sector
Imagine if we could remove the barriers that impede the development of the SMME sector where the seventh administration, with the support of all stakeholders could create one million new businesses by 2030.
Minister Ndabeni-Abrahams sets ambitious goals with new small business budget
Last Friday in Cape Town, Minister of Small Business Development Stella Ndabeni-Abrahams presented her department’s budget vote for the 2024/25 financial year
Small Business Department prioritises SMMEs – minister
The department has been allocated a budget of R2. 437 billion
Naledi Ngqambela: Ramaphosa’s GNU cabinet could make or break South Africa
With the African National Congress (ANC) ending the Apartheid regime, carrying the legacy of Nelson Mandela, and being a majority party since 1994, this year saw a sea change insofar as its unchallenged centrality in South African politics.
IN PICS | ‘So help me God!’ Ministers take the oath and affirmation for 7th Administration
The Cabinet members representing the Government of National Unity are from more than 10 political parties including the ANC, DA, IFP, PA, FF Plus, PAC, UDM, Good, Al-Jama-ah, Rise Mzansi and the NFP.
Small Business Institute welcomes reappointment of Minister for Small Business Development
John Dludlu, CEO of the Small Business Institute (SBI) has congratulated Minister Stella Ndabeni-Abrahams on her reappointment as Minister for Small Business Development.