"This paper examines the impact of improvements in marketing skills relative to finance skills among small-scale entrepreneurs. It addresses three important questions: (1) What is the impact of marketing or finance skills on business profits? (2) How do improvements in marketing and finance skills respectively affect different business outcomes? (3) When are increases in marketing relative to finance skills more beneficial? Through a randomized control study of 852 firms in South Africa, the analysis finds significant improvements in profitability from both types of business skills training. However, the pathways to achieve these gains differ substantially between the two groups. The marketing group achieves greater profits by adopting a growth focus on higher sales, greater investments in stock and materials, and hiring more employees. The finance group achieves similar profit gains but through an efficiency focus on lower costs. Both groups show significantly higher adoption of business practices related to their respective training program. Consistent with a growth focus, marketing/sales skills are significantly more beneficial to businesses run by entrepreneurs with ex ante less exposure to different market contexts. In contrast and in line with an efficiency focus, it is the more established businesses that benefit significantly more from finance/accounting skills."
"This report sheds light on the opportunity for inclusive business leaders to leverage partnerships to overcome the challenges they face in seeking sustainability at scale. Findings are based on interviews with both entrepreneurial and corporate-led enterprises engaging with smallholder farmers in Kenya and South Africa."
"This paper identifies separate and unique pathways to profits among small businesses in South Africa that are exposed to marketing or finance training in a randomized control study. The marketing group achieves greater profits by adopting a growth focus on higher sales, greater investments in stock and materials, and hiring more employees. The finance group achieves similar profit gains but through an efficiency focus on lower costs. Both groups show significantly higher adoption of business practices related to their respective training program. Consistent with a growth focus, marketing/sales skills are significantly more beneficial to firm owners who ex ante have less exposure to different business contexts. In contrast and in line with an efficiency focus, entrepreneurs who have been running more established businesses prior to training benefit significantly more from finance/accounting skills."
"This supplementary guide has been created with the aim of mapping this landscape and to generate awareness and understanding of the impact space in South Africa. This guide explores why and how organisations are measuring their impact; the benefits and challenges of impact measurement and management; how impact data is used and reported; and the future of impact measurement and management in South Africa."
"Impact investment is a strategy to align the power of private markets to the social and environmental development needs of society at-large. From 2012-13, the Rockefeller Foundation, through its Impact Investing initiative, funded research in five Sub-Saharan African countries with the aim of understanding the barriers for impact investing across Africa, as well as recommending national policies to encourage the growth of the industry. This report synthesises the findings of that work, presents three frameworks, and examines the potential of impact investing as a 'strategy of choice' for African policymakers."
"In 2015 and 2016, ANDE held roundtables on green inventing in Brazil, India, Kenya, Mexico, and South Africa with a diverse group of participants. The report compiles the findings from these discussions, from desk research, and from interviews with subject matter experts on the areas where invention-based entrepreneurs who promote environmental responsibility require ecosystem-level support in order to succeed."
"This report identifies challenges and success factors for small, micro and medium businesses (SMME) in South Africa that use an inclusive business approach. It provides policy recommendations on how to support SMME spread their potential to tackle social and environmental problems in South Africa."
"ANDE SA, in partnership with Innovate Durban, recently completed and published an in-depth snapshot of 124 programmes providing financial and non-financial support to the small and growing business ecosystem in Durban, South Africa and compiled their findings in this report. The insights in this snapshot are derived from primary data collection from entrepreneur support providers in Durban, as well as stakeholder feedback and external research cited throughout the snapshot."
"In 2018, the ANDE South Africa team completed an in-depth snapshot of programs supporting entrepreneurs in Gauteng. This snapshot builds on previous efforts to identify support for entrepreneurs in South Africa."
"A survey of the support available for entrepreneurs in South Africa was undertaken by the Aspen Network of Development Entrepreneurs (ANDE) South Africa chapter in 2015. This infographic below highlights the updated 2017 version of the key fi ndings with interactive buttons to provide a more detailed overview of the support available."