Tag: South

Importance of MSMEs in driving India’s growth, role of digital infra and way forward, explains Mastercard’s South Asia COO Vikas Varma



a person sitting at a table using a laptop computer


© Provided by Zee Business


Realising the immense potential that India’s Micro, Small and Medium Enterprises (MSMEs) have, Modi government has laid special focus on the sector. Even under Aatma Nirbhar Bharat Package and Mission, MSMEs are in the spotlight. And, the role of MSMEs become even more important in this trying times of Covid-19 pandemic amid Modi government’s ‘Vocal For Local’ campaign. Vikas Varma, COO – South Asia, Mastercard, in an exclusive interview to Zee Business Online explains the importance of MSMEs in driving India’s growth, the role of digital infra and the way forward. Here are edited excerpts:- 

What is the importance of micro, small, and medium enterprises (MSMEs) in driving India’s growth in digital payments? 

India has over 63 million Small and Medium Enterprises (SMEs) that employ around 114 million people and contribute nearly 35 percent of the country’s GDP. By the sheer volume and value add

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Local leaders proclaim promise of South Memphis development, details remain scant



Mid-South business headlines: Local leaders proclaim promise of South Memphis development, details remain scant


© Provided by WMC Action News 5 Memphis
Mid-South business headlines: Local leaders proclaim promise of South Memphis development, details remain scant

MEMPHIS, Tenn. (WMC) – We’re taking a look at some of this week’s biggest business headlines impacting the Mid-South.

This week we learned local entrepreneur J.W. Gibson plans to transform a part of South Memphis.

“The actual details are not really fleshed out yet, and there’s a reason for that,” said Greg Akers, Editor-In-Chief of the Memphis Business Journal. “What has been announced is that J.W. Gibson is leading this development group… and their plan is to get a TIF.”

Mid-South business headlines: Local leaders proclaim promise of South Memphis development, details remain scant

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A TIF is a tax-increment financing district, which Gibson plans to put into South Memphis and spur different development projects.

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“It’s basically a boundary they’ve put over

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Nova Leap Health Corp. Expands in South Central U.S. with the Acquisition of Arkansas Home Care Business

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3 “Strong Buy” Stocks That Are Flirting With a Bottom

In the investing game, it’s not only about what you buy; it’s about when you buy it. One of the most common pieces of advice thrown around the Street, “buy low” is touted as a tried-and-true tactic.Sure, the strategy seems simple. Stock prices naturally fluctuate on the basis of several factors like earnings results and the macro environment, amongst others, with investors trying to time the market and determine when stocks have hit a bottom. In practice, however, executing on this strategy is no easy task.On top of this, given the volatility that has ruled the markets over the last few weeks, how are investors supposed to gauge when a name is flirting with a bottom? That’s where the Wall Street pros come in.These expert stock pickers have identified three compelling tickers whose current share prices land close to

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South Africa almost didn’t get any new Nvidia graphics cards

South Africa initially did not make the cut for first wave allocation of new GeForce RTX 30-Series graphics cards, a local representative for the ASUS Open Platform Business Group informed MyBroadband.

“After numerous fights with all parties involved, some [stock] was allocated,” ASUS South Africa said.

Regarding the retail price estimates that has local gamers up in arms, ASUS said they have to take various factors into consideration to provide a price estimate to retailers.

Most important are the shipping costs. To ensure the graphics cards reach South Africa as soon as possible, they are being shipped by DHL Express.

ASUS South Africa also explained that the COVID-19 pandemic has made it difficult to calculate shipping costs, and they have to err on the side of caution for their pricing estimates.

Other costs that need to be taken into account are VAT and customs.

“Customs will charge some fees for

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South Central Minnesota SBDC earns 2020 Excellence Award

MANKATO, Minn. (KEYC) — The South Central Minnesota Small Business Development Center (SBDC) earned the Minnesota 2020 SBDC of Excellence Award.



a sign on the side of a building: The South Central Minnesota Small Business Development Center (SBDC) earned the Minnesota 2020 SBDC of Excellence Award.


© Provided by Mankato KEYC-TV
The South Central Minnesota Small Business Development Center (SBDC) earned the Minnesota 2020 SBDC of Excellence Award.

The prize is awarded by the U.S. Small Business Administration.

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The South Central Minnesota Small Business Development Center helps businesses around the area grow their clientele and overall occupation.

They use various resources to promote their customer’s enterprises like quick books, marketing, business planning and financial management.

The services are free of charge and are provided by Minnesota State University, Mankato.

The South Central Minnesota SBDC earned the award based on its innovation.

“This is for 2019, so pre-pandemic, but in that period we were very successful in helping businesses get started and also acquiring capital. We also started some new initiatives for business succession

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South Africa: Small Business Development On Working With Unilever to Increase Investment in SMMEs

Unilever Southern Africa has agreed to partner with the Department of Small Business Development to increase investment in Small, Micro and Medium Enterprise development. This commitment was made by Unilever CEO, Luc-Olivier Marquet, during a meeting with Minister Khumbudzo Ntshavheni on Friday, 18 September. Present at this meeting was a board-level delegation from Unilever, a senior delegation from the Department of Small Business Development as well as representatives from the Small Enterprise Development Agency (SEDA) and the Small Enterprise Finance Agency (SEFA).

The meeting follows the publication of a racially offensive advert on the Clicks website by Unilever hair brand, TRESemmé. “We were shocked to discover that we had supplied images for the Clicks website that portrayed Black hair as inferior. This was racist and we apologise unreservedly. We immediately began an investigation to understand what happened. At the same time, we began reviewing all the marketing campaigns and images

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In South Korea, Covid-19 Comes With Another Risk: Online Bullies

Some people, like Ms. Kim, have paid a price. Online harassers labeled her a “cougar,” suggesting she used sex to proselytize to a younger man. Others said that, should she get pregnant, the infant should undergo a paternity test. Officials in the city of Busan debunked the rumors, but they continued to spread online.

​Once discharged, she filed complaints with a major web portal to remove the fake content. But after trying to hound dozens of blogs, she gave up. “There were too many of them,” she said.

The global fight against the pandemic has raised privacy concerns across countries. Governments, including those of Italy, Israel and Singapore, have used cellphone data to track potentially infected people and their contacts. China has employed mobile phone apps with little disclosure about how they track people. Venezuela has urged neighbors to turn each other in.

South Korea, an intensely connected country where

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South Australian e-invoicing startup Link4 lands contract with Treasury to improve small business cashflow

An Australian government promise to pay its suppliers faster has led to a collaboration between an e-invoicing startup from South Australia and the federal Treasury.

Based in Adelaide, invoice delivery service provider Link4 told InDaily it would connect Treasury with the Pan-European Public Procurement Online (PEPPOL) network, allowing the government department to instantly receive invoices from anyone sending them via the network.

Link4 co-founder and CTO Sam Hassan said the project, which kicked off this week and is expected to go live in October, would simplify the invoicing process by removing the need for suppliers to manually input data from emails and PDFs.

He said Australian federal government invoices were expected to be paid within five business days to help increase cashflow and assist businesses doing it tough during the economic downturn.

“This project started back in 2016, when the government was looking at ways to streamline the interaction with

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How South Florida’s businesses adapted to COVID-19

Tucked away from the sweltering Miami sun, children splashed in a small indoor swimming pool with bright goggles and big smiles glued to their faces. Their swim instructors at Ocaquatics Swim School sported smiles too, but theirs were carefully protected behind a plastic face shield.



a child swimming in a body of water: Instructor Karen Lavarde works with a young swimmer at Ocaquatics Swim School on Thursday, July 23, 2020, in Hialeah Gardens. Ocaquatics is one of many local businesses that has had to implement safety measures due to coronavirus concerns.


© John McCall/South Florida Sun Sentinel/South Florida Sun Sentinel/TNS
Instructor Karen Lavarde works with a young swimmer at Ocaquatics Swim School on Thursday, July 23, 2020, in Hialeah Gardens. Ocaquatics is one of many local businesses that has had to implement safety measures due to coronavirus concerns.

Businesses in this year’s Top Workplaces survey are finding creative ways to keep camaraderie and company culture alive and set new standards for operating during the COVID-19 pandemic.

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Some utilized technology to move their offices completely online. And some, deemed essential, pushed forward with new safety regulations and standards. To stay open, they had to adapt

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Comedy Central to air one-hour ‘South Park’ pandemic special

The boys are back.



Comedy Central will be airing a special hour-long episode of 'South Park' on September 30.


© Comedy Central
Comedy Central will be airing a special hour-long episode of ‘South Park’ on September 30.

“South Park” is returning on September 30 for a hour-long special — and in what should come as no surprise in 2020, it will be tackling Covid-19.

The episode, titled “The Pandemic Special,” will see Stan’s father Randy Marsh capitalizing on a growing market for pot for his recreational pot business “Tegridy Farms” as he “comes to terms with his role in the COVID-19 outbreak,” Comedy Central said in its news release.

Meanwhile, a preview clip of the episode shows the kids back at school with barriers around their desks and face shield-wearing police replacing their teachers.

The animated comedy series, from creators Matt Stone and Trey Parker, has not shied away from tackling current events. In 2015, for example, the show took on the gun control debate.

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