Cyril Ramaphosa

2024 - 7 - 23

Cyril’s New Rules: Empowering Small Biz and Sparking Change!

Climate Change Bill - Cyril Ramaphosa - Economic growth in South Africa - Green jobs - National Small Enterprise Amendment Bill - Public Procurement Bill - Small businesses in South Africa

President Ramaphosa’s latest bill aims to empower South African entrepreneurs and kickstart economic growth! Find out how this change will bring more sunshine to small businesses!

In a bold move to give the small and medium-sized enterprises (SMEs) in South Africa a much-needed boost, President Cyril Ramaphosa has officially signed the National Small Enterprise Amendment Bill into law. This landmark legislation establishes a new entity, the Small Enterprise Development Finance institution, designed to streamline support services and resources for budding entrepreneurs. By simplifying access to funding, training, and mentorship, this move is set to transform the economic landscape for small businesses across the nation, turning dreams into reality!

The National Small Enterprise Amendment Bill is not just another piece of legislation; it’s a game-changer that encourages more South Africans to actively participate in the economy. With clear guidelines on how micro, small, and medium enterprises will be classified, the parameters are being set for a more inclusive framework. This means that even the tiniest of enterprises won’t be left in the dark. Instead, they will have the spotlight shone brightly upon them, enabling them to grow and thrive within their communities.

However, not everyone is thrilled about the changes being implemented. The Initiative for Strategic Litigation in Africa (ISLA) has announced plans to take legal action against President Ramaphosa concerning gender-based violence issues. While this may seem like a distraction from the SME focus, it’s an important reminder that while we strive to uplift our economy, social issues still loom large and must also be addressed. Balancing economic progress with social justice is a juggling act that can be tricky, but crucial!

So, what does this mean for South African entrepreneurs? Well, it opens up a treasure chest of opportunities for investment and growth – think of it as the government handing out business fairy dust! Entrepreneurs will have better access to resources that can help them overcome challenges and scale their businesses effectively. It’s a win-win situation for everyone as more successful businesses contribute towards job creation and a thriving economy. Plus, fun fact: Did you know that according to reports, small businesses are responsible for around 60% of all jobs in South Africa? Talk about a big impact from the little guys!

In conclusion, the signing of the National Small Enterprise Amendment Bill heralds a new dawn for South African SMEs. But just as you can’t have a rainbow without a little rain, the challenges of gender-based issues still need urgent attention. As the country gears up for this new chapter in its economic journey, let’s hope for a brighter, more equitable future where both businesses and communities can flourish together!

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Image courtesy of "Free State Central News"

President Cyril Ramaphosa Signs National Small Enterprise ... (Free State Central News)

President Cyril Ramaphosa has signed the National Small Enterprise Amendment Bill into law, aiming to bolster support services for small and medium ...

Ramaphosa assents to National Small Enterprise Amendment Bill (Creamer Media's Engineering News)

President Cyril Ramaphosa has signed the National Small Enterprise Amendment Bill to establish a new entity – the Small Enterprise Development Finance ...

President Ramaphosa assents to National Small Enterprise ... (South African Government)

President Cyril Ramaphosa has assented to the National Small Enterprise Amendment Bill which streamlines the support services government provided to small ...

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Image courtesy of "POWER 98.7"

President Cyril Ramaphosa approves NSMA Bill - POWER 98.7 (POWER 98.7)

To encourage more South Africans to participate in the economy, President Cyril Ramaphosa has given his approval to the National Small Enterprise Amendment ...

South African President Ramaphosa Signs Landmark Law to Boost ... (Innovation Village)

The newly enacted legislation introduces several transformative changes that will significantly impact the landscape for small businesses in South Africa:.

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Women organisation plans legal action against Ramaphosa over ... (POWER 98.7)

The Initiative for Strategic Litigation in Africa (ISLA) intends to pursue legal action against President Cyril Ramaphosa over the gender-based violence ...

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SA Signs National Small Enterprise Bill to Boost Support for Small ... (Devdiscourse)

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Ramaphosa signs legislation establishing single public procurement ... (Creamer Media's Engineering News)

President Cyril Ramaphosa has signed the Public Procurement Bill, which aims to create a single framework for the procurement of goods and services by all ...

President Cyril Ramaphosa assents to Climate Change Bill | South ... (South African Government)

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President Ramaphosa called those doubting the government of national unity 'sowers of disunity'.

SA: Cyril Ramaphosa: Reply by the President to the Debate on the ... (Polity.org)

SA: Cyril Ramaphosa: Reply by the President to the Debate on the Opening of Parliament Address, Parliament, Cape Town (22/07/2024). 23rd July 2024.

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Ramaphosa puts infrastructure at centre of GNU (Bizcommunity.com)

President Cyril Ramaphosa reaffirmed his administration's dedication to enhancing South Africa's infrastructure during his response to the opening of ...

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Ramaphosa tightens public procurement by signing three bills into law (TimesLIVE)

President Cyril Ramaphosa announced the signing of three bills into law on Tuesday. The first, the Public Procurement Act, is aimed at regulating the ...

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Ramaphosa signs Climate Change Bill into law (Business Day)

The act is the first piece of legislation in SA specifically aimed at addressing climate change by setting out a national climate change response.

COSATU welcomes President Cyril Ramaphosa's signing into law ... (COSATU – Congress of South African Trade Unions)

The Congress of South African Trade Unions (COSATU) welcomes President Cyril Ramaphosa's signing into law the long-awaited Public Procurement Bill.

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President Cyril Ramaphosa has signed the Climate Change Bill, bringing the domestic climate change response into law for the first time.

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In his Opening of Parliament Address recently, President Cyril Ramaphosa announced the Government of National Unity's (GNU's) plan on energy as part of the ...

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President Cyril Ramaphosa said the overriding priority for the Presidency was to achieve more rapid and inclusive economic growth, so as to create jobs, ...

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CAPE TOWN - President Cyril Ramaphosa is tabling the presidency's budget vote in the National Assembly. Paid Content. Quick links.

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President Ramaphosa enacts landmark climate change legislation ... (POWER 98.7)

President Cyril Ramaphosa has enacted the Climate Change Bill into law. This legislation outlines a comprehensive national response, including both ...

President Cyril Ramaphosa assents to Public Procurement Bill (Polity.org)

President Cyril Ramaphosa has signed into law legislation that aims to create a single framework that regulates public procurement, including preferential ...

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Image courtesy of "Creamer Media's Engineering News"

PCC, WWF welcome signing into law of Climate Change Bill (Creamer Media's Engineering News)

The Presidential Climate Commission (PCC) and the World Wide Fund for Nature (WWF) have welcomed the signing into law of the Climate Change Bill.

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President Cyril Ramaphosa signs Climate Change Bill into law (Independent Online)

The Act aims to enhance climate resilience, reduce emissions, and promote green job opportunities.

COSATU welcomes President Cyril Ramaphosa's signing into law ... (COSATU – Congress of South African Trade Unions)

Climate change is a real threat to workers, their families, communities and the economy. Its effects are being felt with the pollution that claims the lives of ...

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Big changes to preferential procurement as Ramaphosa signs ... (News24)

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Minister George welcomes climate change bill assent into law by ... (Polity.org)

The Minister of Forestry, Fisheries and the Environment, Dr Dion George, welcomes the climate change bill assent into law by President Cyril Ramaphosa.

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Ramaphosa signs 3 new laws for South Africa (BusinessTech)

President Cyril Ramaphosa signed three Bills into law on 23 July 2024 focusing on small business, climate change, and public procurement in South Africa.

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Image courtesy of "Independent Online"

Signing of Climate Change Bill into law by President Cyril ... (Independent Online)

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