February 19, 2014
The SME Growth Index is a multi-year research project geared towards establishing a solid, evidence-based understanding of South Africa’s small and medium enterprises.
It is the largest, most comprehensive study of the sector ever undertaken in South Africa, and one of a few of its kind worldwide. The research is based on an annual survey that tracks the experiences of a panel of 500 established small firms in the manufacturing, business services and tourism sectors.
The latest findings of the SME Growth Index featured in the Headline Report 2013 pays particular attention to the factors impacting on firm growth and links these findings to an assessment of South Africa’s competitiveness.
Enter your name and email address to download SME Growth Index Headline Report for 2013
November 27, 2013
Drawing from data collected for SBP’s SME Growth Index – an annual study of established small and medium sized firms – along with an extensive reading of the available comparative international research on women’s entrepreneurship, this recently published Issue Alert offers a unique overview of women entrepreneurs in South Africa’s formal sector: the characteristics of their firms, their motivations for entering business, their growth orientations. It also interrogates the extent to which women entrepreneurs are different from their male counterparts and whether they face unique, gendered barriers.
Enter your name and email address to download Understanding Women Entrepreneurs in South Africa
July 17, 2013
Compiled by drawing on the extensive storehouse of data collated in the first two annual rounds of the multi-year SME Growth Index, the Alert features new information on important issues including, amongst others, the growth trends of South Africa’s SME community; the contribution of SMEs to job creation, and their roles as importers and exporters to the country’s economy. The Alert makes an appeal not just for the recognition of the numerous challenges and opportunities that it discusses, but also calls for a decisive, sustained shift to action in addressing them with a view to achieving the wealth and employment creation that the National Development Plan has prioritised.
Enter your name and email address to download Developing a New Path for SMEs in South Africa; Reassessing for Growth
February 21, 2013
South Africa’s SME community faces a tough hostile environment, despite regular declarations of its importance to the country. The second round of the SME Growth Index – the most comprehensive gathering of firm-level data yet undertaken in South Africa – finds that around one third of firms report a threat to their very existence, and large majorities believe it is becoming more difficult to do business. It analyses the critical issue of whether firms are in fact growing in the current environment, and the related question – central to national concerns – of whether they are taking on new employees. It also examines the aspirations of SME operators. The results are intriguing and often sobering, but provide a detailed picture of an enormously valuable resource that should not, and need not, be wasted.
Enter your name and email address to download SME Growth Index 2012 Headline Report
August 28, 2012
A regulatory system has to be understood from the point of view of what it hopes to accomplish. Regulation without intention is meaningless, and cannot be described as anything but a deadweight on society. Economic regulation is of course a multifaceted concept, and different contexts will demand different interventions.
In May this year, the speaker of the National Assembly, Max Sisulu, chided its members for the poor quality of legislation that it was approving. Such measures would be returned for correction, either by the National Council of Provinces or after having been found in court to be unconstitutional. Rightly, he reminded the Assembly’s members that they had an obligation to ensure that the legislation processed was both in line with the country’s constitution, and processed with an appropriately diligent and professional understanding of the matters at stake. Failure to do so, he suggested, would compromise the country’s most vulnerable.
Business regulation, and small business regulation in particular, suffers from a case of ambiguous motivation. In some cases, it is not clear what considerations lie behind substantive measures. Why would they be desirable or necessary?
Measures under consideration illustrate this point well. A strong feature of the draft Business Registration Bill was to be the formalization of unregistered and informal enterprises. At first glance, this seems understandable – why should anyone object to bringing businesses operating semi-illegally into the legislative net, not least regarding tax obligations? But the bill demands more……..
Enter your name and email address to download Current State of legislation in South Africa
May 22, 2012
The Manufacturing Circle released their Manufacturing Bulletin for the first quarter of the year showing the latest trends in South Africa’s manufacturing sector. The Bulletin features the recent results of an ongoing survey compiled by economist Dr Iraj Abedian, and a prominent article by SBP on the findings of the 2011 SME Growth Index relating specifically to the concerns and challenges of small domestic manufacturing firms.
The Bulletin, published quarterly by the Manufacturing Circle, aims to serve as the voice for manufacturing firms in South Africa. The first quarter Bulletin is available here …
Enter your name and email address to download SME Manufacturing in South Africa, Growth Concerns
March 12, 2012
We have noticed an increase of web search traffic on our site relating to labour laws and their affect on SMEs. If you wish to know more on this topic, you may view the Regulatory Impact Assessment (RIA) report that was conducted in 2010 on selected provisions of the recently proposed Labour Amendment Bills. SBP was integral to the development of the RIA report, which is freely available for download at www.labour.gov.za or you can download it here.FINAL_RIA_PAPER_13Sept2010-1
February 29, 2012
In the rich layer of data produced by SBP’s SME Growth Index a relief of the underlying
structure of the South African economy is clearly visible, and it does not look good for
the development of established small and medium enterprises, and consequently for
The picture that emerges is of a landscape inhabited by lumbering giants – corporates,
parastatals and conglomerates – that can easily squash any smaller species that do not
find a way of hanging on and moving with them.
Enter your name and email address to download A landscape of lumbering giants...
November 18, 2011
“Rapid and sustained economic growth is critical to stem the tide of job losses. Our prospects of achieving such growth are highly dependent on the economy’s entrepreneurs and businesses. Without a strong business sector and bold entrepreneurs, we have as little chance of prospering”
“Despite acknowledgment of SMEs’ potential as employment generators, they are a poorly understood and inadequately documented sector. Even information on the number of SMEs is unreliable. State efforts to assist the sector have had very limited success. Moreover, partly due to the lack of robust data, the debate around SMEs and their ability to assist in employment growth has become heavily weighted with ideology, assumptions and anecdotes.”
Enter your name and email address to download SBP SME Growth Index Headline Report 2011
November 16, 2011
“Experts on business development have coined the term “gazelles” to describe high growth companies. The gazelle encapsulates characteristics such as speed, energy and dexterity, and provides an apt description for successful, expanding firms. The gazelle, however, is not an animal given to domestication. Studying it requires a process of patient observation. Similarly, understanding what differentiates the small business that scrapes by year to year with no real prospects of growth, from the firm that achieves gazelle status and expands employment, requires careful and considered analysis, over a period of time.”
Enter your name and email address to download Growing Small Firms, Growing Employment