A recent Business Day dialogue highlighted how corporate SA — both private and public — can support women in growing their small businessesWomen in business should engage with other women entrepreneurs and support others by procuring from them, says Ntokozo Majola of Seda. Picture: Pexels/Rodnae Productions
This informative panel discussion — watch the recording below — was moderated by TV business anchor Nastassia Arendse. Legal and societal issues may also affect a woman’s ability to grow her business: some marital contracts require a husband’s permission and red tape insists on compliance requirements that some women do not know how to address, said panel member Ntokozo Majola, executive manager: enterprise development division at Seda.
Many women exit the workplace at executive level to start their own business and face a huge gender gap.Many businesswomen today have been raised by resilient women, many of whom were themselves entrepreneurs. Their contribution to the economy should be acknowledged and formalised, she said. Zandile Njamela Mampone, supplier inclusion and diversity lead at Accenture SA
Support for this sector remains one of the main focus areas of the department, which offers both financial and non-financial support through Seda and the Small Enterprise Finance Agency .
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