What is the single costliest financial mistake for small business owners this year?

Loading player...
New research by the business management platform, Xero SA, has revealed that the single costliest mistake for small business owners over the last 12 months came to R91,311. Four-fifths (80%) of small business owners are calling for greater advice and support to help avoid mistakes in future. To give us more information, Colin Timmis, Country Manager At Xero SA joins us.
1 Dec 2021 11AM English South Africa Business News · Investing

Other recent episodes

Sol Plaatje University has appointed Thebe Ikalafeng as its new Chancellor

Sol Plaatje University has appointed Thebe Ikalafeng as its new Chancellor, effective 16 January 2026, for a five-year term. This is a homecoming for Ikalafeng, born in Kimberley, now returning to support the Northern Cape’s premier higher education institution. He joins Nzinga Qunta on the show.
22 Jan 1PM 28 min

Promotions, value, and the evolving South African FMCG retail landscape

Fast-Moving Consumer Goods (FMCG) sector is starting to hit a tipping point. Retailers and manufacturers are under pressure, absorbing costs while running constant promotions, and margins are being squeezed. Trade Intelligence’s Senior Retail Analyst, Nicola Allen unpacks this Trade Intelligence’s 2026 South African FMCG Retail Outlook.
22 Jan 1PM 10 min

Why December debt lingers for 3 months and how to fix it

With the festive season behind us, many South Africans have detoxed their diets and decluttered their homes, but one area is quietly being ignored: financial clutter. Research shows that it typically takes households up to three months to recover financially from December, as many rely on credit to survive the…
22 Jan 1PM 15 min

Role of sovereign and development capital in driving regional infrastructure

We’re joined by Ipeleng Selele, Chairperson of Brand South Africa, following her panel discussion at the World Economic Forum, to talk about how sovereign and development capital can drive regional infrastructure, support economic transition, and strengthen South Africa’s position on the global stage.
22 Jan 1PM 8 min

SA loses thousands of taxpayers as more cut ties with SARS

South African Revenue Service (SARS) says over 50 000 taxpayers have ceased to be tax resident in South Africa over the past seven years. Delano Abdoll, Legal Manager: Cross-Border Taxation at Tax Consulting South Africa explains what this means for the economy.
22 Jan 1PM 9 min