SMEs have alternatives to bank loans

If you’re a South African entrepreneur or small business owner looking for financing to start or expand a business, you’ve probably become accustomed to banks and venture capital firms slamming the door in your face. Luckily, there are alternatives.

Alcatel-Lucent, China Huaxin close sale deal

Alcatel-Lucent has announced that it has closed the sale of its subsidiary Alcatel-Lucent Enterprise to China Huaxin Post & Telecommunication Economy Development Center. Cash proceeds to Alcatel-Lucent are €202-million. As previously announced, Alcatel-Lucent will...

Database 360 extends UK operations

South African marketing consultancy Database 360 has extended its business in the UK, opening a new office in Richmond, London. According to sales director Louise Robinson: “Having a UK presence allows us to better serve existing, and potential, UK-based clients.”...

Asus sets its sights on local growth

Asus has earmarked South Africa and the SADC region for growth, building on the foundations it has laid in the 10 years it has been in the country. With recently-appointed country manager Jeff Kuo supported by Bennie Budler, with his extensive experience of the local...

SAP named enterprise mobile management leader

Industry analyst firms Forrester Research and IDC have named SAP a leader for enterprise mobile management (EMM) in their recently published reports, with the SAP Mobile Secure portfolio achieving a Leader position in both Forrester’s EMM Wave and the IDC MarketScape:...

Local SME awarded level 1 B-BBEE status

With South Africa’s economy under continued pressure, good news stories about SMEs are rare. So when a local SME makes the effort to not only provide globally recognised products and services, but also invests in growing the local economy it’s a win-win for all....