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SAICA Makes A Difference By Empowering Small Businesses

The South African Institute of Chartered Accountants (SAICA) is delighted to have launched the SAICA BIZ Impact Podcast, a dynamic platform that aims to simplify complex business topics and empower small and medium businesses (SMEs) to thrive.

The name ‘SAICA BIZ Impact Podcast’ celebrates the transformative influence of small and medium businesses in the economy, communities, and the lives of South Africans. These businesses are a catalyst for social impact, driving economic growth and offering employment to many.

Hosted by Luncedo Mtwentwe AGA(SA), a thriving entrepreneur and Managing Director at Vantage Advisory, and a difference maker who is passionate about education, entrepreneurship and social impact. With a belief in the power of networking and paying it forward, he coaches other entrepreneurs. As part of creating positive change and fostering growth for small businesses, the 12-part series features in-depth conversations, case studies, and actionable advice on key issues that affect SME owners. The series explores vital topics such as technology, funding, finance, cash flow, human capital and strategy equipping SMEs for success in 2024 and beyond.

The podcast also serves as a platform for SAICA practitioners to engage in conversations that echo the ethos of making a difference and empowering small and medium businesses to not only succeed financially but also thrive as agents of positive impact.

It highlights the extensive versatility of SAICA practitioners as professionals whose impact goes beyond traditional accounting and holding finance roles. Through their expertise, SAICA practitioners enable SMEs to unlock their potential, navigate challenges, and foster sustainable practices that transcend profitability.

With challenges facing SMEs ranging from rising costs, load shedding, and reduced revenue to securing cash flow management and marketing, the podcast offers SMEs an opportunity to gain valuable insight, strategies, and advice from experienced SAICA practitioners.

Some of the practical business advice unlocked in the podcast includes limited access to funding, regulatory complexity, technological gap, cash flow management, market access barriers, understanding finance and accounting, managing people, transitioning to business leadership, sustainable business practices, and many others.

You can watch all the episodes from season 1 of the SAICA BIZ Impact Podcast on the YouTube channel here. Alternatively, you can listen to them on our Spotify channel here.

By creating this podcast series, SAICA’s objective is to bridge the knowledge gap by enabling small businesses to make informed decisions, navigate challenges, and achieve sustainable growth with confidence in their entrepreneurial journeys.

Are you the owner of a SMME and do you need support or advice?

Get in touch with SAICA Enterprise Development, where strategic Enterprise and Supplier (ESD) programmes and customised projects are housed to with the purpose to support South Africa’s entrepreneurial sector through advancing the sustainable growth of small black-owned businesses.

As two thirds of SMMEs in South Africa typically close due to financial reasons, we exist to build financial excellence in SMMEs to reverse that trend. Email us for more information.

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