Did you know that you can now apply for money from the government to start
your own business. YES government has made available a huge amount of money
for the development of businesses, farming and other projects. from women
farming chickens in rural areas to huge enterprises of millions of rands.
yes the system encompasses the whole economic spectrum. you
can now get money from the government. from as little as R500-00 to literally
millions of rands for the development of your business.
Government is very serious about job creation and will do most anything to
help you with your money requirements from them. It has been shown over and
over again that government will bend over backwards to help anyone who has
a business idea. government have setup various agencies to help you to borrow
money. The whole idea is to make it easy to borrow money
. a whole range of packages are now available. from small loans
from as little as R500-00 to huge enterprises in excess of 15 million. The
problem however seems to be in getting this money to the entrepreneur. there
seems to be a huge information gap in how and where to apply for this money from the government. There are literally dozens of institutions both in government
and private who are just waiting for the applications to borrow money from
them. Security also doesn't seem to be such a huge requirement and the emphasis
seem to be on the viability of your idea or business plan. The money from the government can be channeled to you via various community project funds , where
the department of agriculture in the freestate is just one example of how
you can get money from the government. The CPF contribution of the money from
the government should however not exceed R10000-00 per beneficiary in the
group. government will support most agricultural endeavors but they have developed
a couple of packages which which will ensure easy outreach and simplicity
in getting money from the government.
RFI's (Retail finance intermediaries) on the other hand are institutions
that obtain money from khula in order to loan the money to clients in their
communities. Khula has a credit guarantee scheme that you can use to obtain
money from commercial banks. the money does not come directly from government
but they do back you up with security so that you can acquire money from the government
or commercial enterprises. African contractors finance cooperation is an institution
specifically for people who have been awarded a construction contract. In
their case the money from the government will not exceed R100 000-00 and payment
will be made against specifically set milestones and also directly to your
The khula credit guarantee scheme does not loan you money directly from government
its main concern is to provide a guarantee to commercial banks who participate
in the scheme. you should also not apply directly to Khula for money from
the government. You should apply to a participating bank, if they find that
the client does not have sufficient security they will then on your behalf
apply at Khula to provide security for them to loan u the money. khula will
provide security for 80% of the loan. We have to stress however that
this money does not come from government, government only provides the guarantee
to commercial banks so that they can loan you the money. In conclusion we
would like to stress that a viable business plan is crucial in aquiring money
from any institution be it government or private. government will assist you
in any way possible to help u in creating jobs. be it loaning you money from the government or privately.
With so much government support for the
development of SMME's in South Africa, it's like being handed the key to
your own business.
Facts about a Remarkable Nation.
29 South African beaches were awarded blue flags, an international indicator of high environmental standards for
recreational beaches in 2009.
South Africa’s Rand is the second best-performing
emerging market currency of the 26 monitored by Bloomberg
With two gold medals and one silver medal, South Africa
ended the 2009 IAAF World Championships in Athletics in ninth
position on the medals table, ahead of the likes of Australia, Cuba,
China and France.
South Africa sold $1.8 billion worth of cars to the
US last year, putting us ahead of Sweden and Italy as suppliers to the US
In 2009, the Springboks become the first international
team to be World Champions in both 15-a-side and Sevens rugby.
South Africa ranks second worldwide in terms of the
transparency surrounding its budgets - just behind the United Kingdom, tie
with France, and ahead of New Zealand and the United States - according to
the Open Budget
The number of 'dollar millionaires' in South Africa
has increased from less than 25,000 in 2004 to over 55,000 in 2007, according
to the World
According to the World
Pay Report, South African managers are earning disposable incomes that
are higher than those in many developed countries.
Johannesburg ranks 2nd among countries from Asia/Pacific,
Middle East and Africa in dealing with urbanisation and environmental challenges,
in the MasterCard
Insights Report on Urbanisation and Environmental Challenges.
South Africa ranks as 44th strongest state out of
177 countries in the Fund for Peace's Failed
States Index. The index measures state vulnerability based on 12 social,
economic, political, and military indicators.
South Africa was ranked as the 18th most attractive
destination for Foreign Direct Investment by global strategic management consulting
firm AT Kearney.
Three South African cities were voted amongst the
world's top 100 Most Liveable Cities in a study conducted by Mercer
Human Resource Consulting. Cape Town was ranked in 85th place,
Johannesburg 90th and Port Elizabeth 97th.
Since the 1940s, South African golfers have won more
golf majors than any other nation, apart from the United States.
South Africa has been ranked 28th among 108 countries
measured for responsible competitiveness, according to the global think tank
Johannesburg has been ranked as the eighth cheapest
city in the world for expatriates, according to the most recent Cost of Living
Standards Survey from Mercer
Human Resource Consulting.
More than 12,000 'Black Diamond' families (South Africa’s
new black middle class) - or 50,000 people - are moving from the townships
into the suburbs of South Africa's metro areas every month, according to the
Institute's Black Diamonds 2007 survey.
South Africa is ranked 20th out of a total of 128
economies in the World Economic Forum’s , ahead of many developed nations, including, the
United States (31), Switzerland (40), Austria (27) and France (51).
South Africa ranks 57th out of 157 countries in the
world in terms of economic freedom, ahead of Italy (64), Brazil (101), the
United Arab Emirates (63), Greece (94th), India (104th) and China (126), according
to the Index
of Economic Freedom 2007
Two young South Africans have been named Rookie of
the Year in their respective sports in 2006. Golfer Trevor
Immelman was named best new player by his peers on the prestigious PGA
Tour and after a sensational 2006 season, 18 year old Jordy
Smith took the coveted Vans Triple Crown of Surfing ‘Rookie of the
Year’ award, considered by the surfing world to be second only to the
world title in prestige.
The black middle class grew by 30% in 2005, adding
another 421,000 black adults to SA's middle-income layer and ramping up the
black population's share of SA's total middle class to almost a third, according
to the Financial
Mail. Between 2001 and 2004, there were 300,000 new black entrants
to the middle class.
South Africa is ranked 35th out of 178 countries
for ease of doing business - ahead of Spain, Brazil and India - according
to Doing Business
2008, a joint publication of the World Bank and the International
La Colombe restaurant in Constantia, Cape Town, was
voted the 28th best restaurant in the world by the UK's Restaurant
South African media ranks 26th out of 167 countries
in the Worldwide
Press Freedom Index 2007, higher than any country in Asia, the Middle
East or South America, and ahead of Japan, Spain, Italy and the United States.
South Africa accounts for almost 45% of the GDP of the entire African
continent, with an economy three times the size of the second biggest
Almost a quarter of South Africa’s non-interest budget is spent
The University of South Africa UNISA is a pioneer of tertiary distance
education and is the largest correspondence university in the world
with 250,000 students
In 1991, South Africa became the first country in the world to provide
full protection status for the Great White shark within its jurisidictional
waters. Countries including USA, Australia, Malta and Namibia follwed suit
Afrikaans is the youngest official language in the world
In 2005, Time Magazine hailed President Thabo Mbeki as the Most Powerful
Man in Africa
The rand, the world's most actively traded emerging market currency, has
joined an elite club of 16 currencies - the Continuous Linked Settlement
(CLS) - where forex transactions are settled immediately, lowering the risks
of transacting across time zones. Standard Bank is the only African bank to
be a shareholder partner of CLS.
The Singita Private Game Reserve in the Kruger National Park was voted the
best hotel in the world by the readers of travel publication, Conde
The South African Rand was the best performing currency against the
US Dollar between 2002 and 2005, according to the Bloomberg's
South Africa's per capita GDP, corrected for purchasing power parity, positions
the country as one of the 50 wealthiest in the world
South Africa as the 40th most democratic country out of 150 nations
Stellenbosch University was the first university in the world to
design and launch a microsatellite
South Africa is the 35th best place in the world to do e-business,
according to the Economist Intelligence Unit's 2007 E-Readiness Report.
South Africa is the best-ranked country in terms of price stability,
our fiscal policy is ranked 11th, our international trade
competitiveness 21st, and we are the 28th most-attractive destination
for foreign direct investment, according to the World
Competiveness Yearbook 2005