The November month-end sales bonanza may be over, but David Adams of Payfast advises small businesses to diversify their payment methods and product offerings to increase their appeal to overstretched consumers going into the Christmas and back-to-school promotional periods.
Small Business Conversations with Akhona Matshoba offers a fresh take on critical conversations that impact South Africa’s small business sector. This weekly podcast offers interviews with ground-breaking entrepreneurs and industry experts, extracting the gems they have to offer to those wanting to take their businesses forward.
Although there are some glimmers of hope, the upcoming elections could further hurt optimism if they exacerbate political instability. Omar Hassan of SNG Grant Thornton breaks down its latest research and explains the nuances of mid-market businesses operating in SA.
For Tshifhiwa Tshivhengwa of TBCSA the regulation of sharing platforms like Airbnb will open the floodgates for calls for an industry-wide approach to regulation – roping BnBs and hotels into the discussion. So government must also consider how it plans to enforce regulation of this magnitude fairly, he says.