Kaya 959 Kaya Biz

Helping SMEs in SA subscribe to scaling.

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While there is a need for small businesses to bolster economic recovery in South Africa, the barrier to entry for aspiring entrepreneurs to get their businesses off the ground is too high. The amount of capital required to simply equip a business with productivity tools like laptops and smartphones is too much to bear for many small businesses with growth potential.
This is according to the co-founder of on-demand subscription platform Rentoza, Mishaan Ratan, who has lived through this very struggle. When he and his co-founders saw their business grow from a staff complement of 4 to 54 in a matter of only two years, they found it difficult to keep pace with the financial demands of their infrastructure needs.
8 Aug 2022 3AM English South Africa Business News · Investing

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