Latest newsAt Fio Group, we believe that entrepreneurship is the backbone of any economy, especially here in Africa, where innovative minds and resilient spirits are shaping the future. Of the estimated 2.6 million micro, small and medium enterprises (SMEs) in South Africa, about 37% are considered formal. Of the total, 54% are micro-enterprises and 15% are located in rural areas. 32% provide between one and ten jobs 20 Dec 2024 Read more In today’s complex business environment, financial management is not just about balancing books and tracking expenses, it’s about building a sustainable, growth-focused strategy for your business. A qualified accountant can be a valuable asset, helping you make informed decisions, optimise resources, and identify opportunities to improve your bottom line. With an accountant on your side, you gain not only clarity over your financial health, but also access to strategic insights that help position your business for long-term success. Here’s how to make the most of this partnership. 5 Dec 2024 Read more Digital transformation is revolutionising the way small and medium-sized enterprises (SMEs) operate across the globe, and South Africa is no exception. As technology continues to develop at a rapid pace, it is playing a crucial role in helping small businesses streamline operations, improve customer experiences, and remain competitive in an ever-evolving market. 6 Aug 2024 Read more SMEs are the pillars of the South African economy, a testament to their remarkable growth from 18% to 40% in the gross value-added since 2010. Yet, for these pillars to sustain and grow in a post-pandemic world, the need for accessible, advanced technology paired with smart financial strategies is crucial. 19 Mar 2024 Read more South Africa has emerged as the hub for cybercrime in Africa, as indicated by a report from Interpol highlighting the escalating cyber threats. Surprisingly, South Africa now ranks third globally regarding the number of victims affected by cybercrime. This emphasizes the requirement for cybersecurity measures. 6 Feb 2024 Read more G4B: Navigating the entrepreneurial sky 18 Dec 2023 Read more
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