<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>As Small Medium and Micro companies are seen as the key to South Africa’s economic recovery- the city of Cape Town has set up mechanisms to support such companies. White investment was subdued in 2020 due to COVID-19, it has been imperative to invest into start-ups. Joining CNBC Africa for this discussion are James Vos, MMC for Economic Opportunities in the City of Cape Town, Anton Baumann Executive Director of Empowerment Capital and Katlego Maphai Co-founder &#038; CEO of Yoco.</p>


How can South Africa expand its start-up economy?

<div style="max-width: 100%;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6194583373001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>COVID-19 has had a devastating impact on small and medium-sized businesses, with some unfortunately having to shut their doors permanently. As small businesses navigate the challenging environment, digital transformation has become imperative for their survival. In light of this, Yoco has launched a Small Business Recovery Monitor. The company provides card machines and online payment tools to over 80 000 small businesses. Katlego Maphai, CEO of Yoco joins CNBC Africa for more.</p>


How have small businesses fared during the COVID-19 lock-down?

<div style="max-width: 700px;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6156370642001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>Small businesses all over the world are feeling the pinch from the COVID-19 pandemic with many feared to go bust. The latest research from fintech group Yoco shows that small business revenues in South Africa have plunged over 84 per cent as the virus grinded economic activity to a halt. Joining CNBC Africa for the latest numbers on the status of SMMEs is Bradley Wattrus, Co-Founder and CFO of Yoco.</p>


COVID-19: What the stats say about the impact on SA’s SMMEs

<div style="max-width: 700px;"><video-js data-account="1571595826001" data-player="default" data-embed="default" controls="" data-video-id="6090055598001" data-playlist-id="" data-application-id="" class="vjs-fluid"></video-js></div>
<p><script src="https://players.brightcove.net/1571595826001/default_default/index.min.js"></script></p>
<p>Yoco, the South African mobile points of sale fintech disruptor, has reached a milestone of 50 000 nationwide merchants since its launch in 2015. It also raised R242 million, earlier this month in what is one of the biggest venture capital deals to hit South Africa this year. Lungisa Matshoba, CTO and Founder of Yoco joins CNBC Africa for more.</p>


Yoco disrupts SA’s merchants market with low cost card reader, plans Africa expansion

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5833412863001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>If you&#8217;re wondering who is creating the tech to make card payments easier for you, one of South Africa’s largest and fastest growing fintech company is Yoco. Co-founder and CEO, Katlego Maphai, joins CNBC Africa for more.</p>


yoco

How can South Africa expand its start-up economy?

How have small businesses fared during the COVID-19 lock-down?

COVID-19: What the stats say about the impact on SA’s SMMEs

Yoco disrupts SA’s merchants market with low cost card reader, plans Africa expansion

SA fintech Yoco secures R230mn to innovate SME payment services

News Tips

Advertise With Us

yoco

How can South Africa expand its start-up economy?

How have small businesses fared during the COVID-19 lock-down?

COVID-19: What the stats say about the impact on SA’s SMMEs

Yoco disrupts SA’s merchants market with low cost card reader, plans Africa expansion

SA fintech Yoco secures R230mn to innovate SME payment services

News Tips

Advertise With Us

Newsletters