Mail & Guardian Business May 3 to 9 2013

Proposed Licencing Business Bill 2013

Critics take issue with an 'unworkable' plan to licence even the smallest of businesses.

Read the full article by following the link below:

http://mg.co.za/article/2013-05-03-00-half-hatched-law-lays-hawkers-low

 

 

Moneyweb  CitiBusiness

The Citizen: Friday, 22 February 2013

UP TO 6% Turnover spent on red tape.

Small and medium enterprises (SMEs) are finding it difficult to prosper and have increasingly reverted to survival mode over the last year.

According to SBP's SME Growth Index released yesterday, of the 500 SMEs interviewed, 74% stated that the environment that they operate in has become more challenging.  Only 7% of SMEs felt that it was easier to operate in South Africa.

Read the full article by following the link below:

http://www.moneyweb.co.za/moneyweb-mybusiness/smes-an-endangered-species

 

 

Red Tape and rising administered prices have rendered SA hostile to small business.  This emerged during the second round of the SME (small and medium enterprise) Growth Index released yesterday by business environment company SBP

Read the full article by following the link below:

http://www.bdlive.co.za/business/2013/02/27/heavy-red-tape-hinders-small-business

 

 

Mail & Guardian Business July  27 - August 2 2012

Business warns that the proposed amendments will increase the cost of employment significantly.

Despite being bound up in negotiations for months, the proposed changes to a raft of South Africa's labour laws are still receiving fierce opposition from business, which warned of drastic potential job losses if key amendment Bills go ahead. 

According to the SBP's regulatory impact assessment, these provisions "will increase the costs of employment".  It argued that wage-employment elasticity was estimated at 0.7%.  In other words, an increase in the the cost of hiring workers, such as wages and benefits, of 1% is likely to imply a decrease of 0.7% in employment.  Given these assumptions, it estimated that at the "very minimum, 215 150 jobs will be lost as a direct consequence of this amendment"

Read the full article by following the link below:

http://mg.co.za/article/2012-07-26-labour-law-changes-will-shed-jobs-in-south-africa

 

Business_Times_29_July_2012__Thousands_will_be_kicked_out.pdf The "least-worse-case" scenario would be a loss of about 285 000 jobs, according to research carried out by SBP, an independent research company

Red Tape regulations cost the economy R79 billion a year.  At least that was the case in 2004, when the government launched a pilot project on regulatory impact assessments for new regulations.

For small business the impact is worse, largely because they do not have full-time compliance departments.  Estimates show compliance costs of 0.2% on average for big business, verus 8.3% for small and medium-sized enterprises.  This was underscored by SBP's SME Centre report (SME Growth Index) in November last year, which surveyed the impact of regulatory requirements of 500 SMEs. 

To read the full article click on the link below

http://www.iol.co.za/business/business-news/regulations-must-be-streamlined-to-promote-business-1.1327427#.T-m1OXDNA7A

Last year SBP published the first round of its longitudinal SME Growth Index.  This is an unprecedented study into South Africa's  small business sector.  This year, SBP will be conducting the second.  It will be the definitive account of the country's SME sector: over an initial period of three years, the Growth Index will track the lives and travails of a panel of 500 firms in the manufacturing, business services and tourism sectors in the three major cities.  The study has received considerable media attention.  For more information please visit the dedicated website www.smegrowthindex.co.za

Below is a selection of articles on the survey:

Business Day - 24 May 2012 - Factory sector's decline can be reversed

http://www.businessday.co.za/articles/Content.aspx?id=172468

http://mg.co.za/article/2012-01-06-cashstrapped-owners-blame-sars

http://mg.co.za/article/2011-12-02-entrepreneurs-ageing-and-dying/

Business Report

Business Live

fin24

 

Rapport_Sake_24_6_Mei_2012.jpg

Finweek_article_12_January_2012.pdf

1.1 M

Govt_reviews_SME_policy.jpg The Government of Malawi has, through support from the Commonwealth Fund for Technical Co-operation, recently commissioned SBP to provide technical assistance to develop a Micro, Small and Medium Enterprise (MSME) Policy and Strategy to improve MSME competitiveness and contribute to the country's economic growth in line with the Malawi Growth and Development Strategy (MGDS) and Malawi's Private Sector Development Strategy.

Index_to_help_small_business_grow.jpg Business Report - 14 April 2011

SA_needs_more_business_gazelles_The_New_Age_Online__2_.mht TNA Business - 14 April 2011

Feature Article - On My Mind

The core objective of promoting young entrepreneurs requires a diverse array of approaches. Can the youth agency be the catalyst?

 

financial_newsmedia.pdf Financial Mail July 31, 2009

1.0 M

The government has made little impact in assisting small business, despite investing in a number of initiatives in the past 15 years to support the sector, according to a report by business environment specialists, SBP.

 

 

Business_Day_22_September.pdf Business Day 22 September 2009

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