Media room

Is your business on target?

Half year check-list for business owners The half-time break for a sports match offers a crucial few minutes for both the coach and players to review and tweak their game plan, and in a similar way, business owners should view the half-way mark of the year no differently. This is according to Gerrie van Biljon, executive director of Business Partners Limited, a specialist risk finance company for formal small and medium enterprises (SMEs), who ...
More

Fund launches to drive SME development in Malawi

Business Partners International (BPI), a specialist fund management company providing financing, specialist sectoral knowledge and technical assistance support to viable small and medium enterprises (SMEs) in select African countries, has announced the launch of the US $10 million Business Partners International Malawi SME Fund aimed at providing risk finance to local entrepreneurs and SMEs. Key investors of the fund include the IFC (Internationa...
More

Economic conditions impact SME confidence in first quarter of 2014

A 50 basis point hike in interest rates in January, with the possibility of further hikes during the course of the year, increasing fuel costs and rising inflation dampened the first quarter of 2014 growth prospects of small and medium enterprises (SME) in South Africa when compared to the last quarter of 2013. This is according to the 2014 first quarter Business Partners Limited SME Index (BPLSI), which measures attitudes and confidence levels a...
More

Business Partners launches $30 million African SME Fund to drive business development across continent

Business Partners International (BPI), a subsidiary of Business Partners Limited and the fund management company which supports the growth of viable small and medium businesses (SMEs) in sub-Saharan Africa, has raised $30 million for its Business Partners Southern Africa SME Fund. This fund will provide risk finance to local entrepreneurs and SMEs in Malawi, Namibia and Zambia. It was launched to meet the growing demand for access to finance and ...
More

Evolving work environment driving young entrepreneurs

Stepping out from a corporate environment into a new entrepreneurial venture can be daunting, especially for younger entrepreneurs, as by doing so, they are leaving behind a steady pay check, the social office environment, as well as the security of having a team of colleagues to seek advice and assurance from. It is equally daunting for young people to step out from the security of a university or technical college into the often lonely and unc...
More

R1 billion allocated to stimulate SME growth in SA

Having earmarked R1 billion for financing small and medium enterprises (SMEs) during the 2013/2014 financial period, Business Partners Limited, a specialist risk finance company for formal SMEs, not only delivered, but exceeded its goal of assisting businesses that contribute significantly to the economy. This is according to the company’s 2013/2014 financial results which revealed that, in total, 386 investments were approved to the value of R...
More

Mismatch in franchise industry could be a fatal to business success

Three pillars which prospective franchisees must consider Comprising of 11% of the total South African GDP, the franchising industry has become a well regulated sector in the past few years that cannot be ignored. According to Gerrie van Biljon, Executive Director of Business Partners, the industry growth has encouraged many entrepreneurs to explore the opportunities that the sector has to offer. He says that however, due to the many types of bus...
More

60 is the new 30

A new generation of South African entrepreneurs The term 'entrepreneur' often conjures up an image of a young and dynamic individual (such as Mark Zuckerberg), however, while it is vital that South Africa continues to promote entrepreneurship among the youth, there is also a rising need for a focus on promoting entrepreneurship among older generations, such as retirees. This is according Christo Botes, Executive Director of Business Partners Limi...
More

SA businesses to manage impact of public holidays

Due to the number of public holidays celebrated during the course of April and early May, this time of year has become a second festive season for many South Africans, which can have a knock-on effect for business productivity, and in turn, the economy. This had resulted in some calling for the number of holidays to be reduced says Christo Botes, Executive Director of Business Partners Limited. He says that while it has been reported that the eff...
More

Entrepreneurial development key to boosting economic growth

Levels of motivation to start a business differ around the world, and in South Africa entrepreneurship is often necessity driven due to businesses being created as a result of a need for employment, rather than because the business owners view the business as an entrepreneurial opportunity. According to Christo Botes, Executive Director of Business Partners Limited, in order to shift necessity-driven entrepreneurship to opportunity-driven entrepr...
More