Standard Bank South Africa, in collaboration with the South African Chamber of Commerce and Industry (SACCI), has introduced a new export readiness initiative to help small and medium-sized enterprises (SMEs) in KwaZulu-Natal reach global markets.
The programme targets major obstacles facing local SMEs, such as limited trade experience, access to finance, and regulatory challenges. Applications opened on 30 June 2025 and will close on 9 July 2025, with only 20 high-potential SMEs set to be selected.
Through Standard Bank’s Enterprise and Supplier Development platform, participants will receive:
- Training on export compliance and certifications
- Access to financing options and trade funding tools
- Market entry support via Standard Bank’s regional presence and SACCI’s trade connections
Naledzani Mosomane, who leads Enterprise and Supplier Development at Standard Bank, emphasized that KwaZulu-Natal’s SMEs have strong potential but need targeted support to thrive internationally. The programme offers tools and partnerships to help these businesses grow beyond local borders.
Alan Mukoki, SACCI’s CEO, highlighted the importance of SMEs in driving South Africa’s economy and described the initiative as a gateway to international opportunities for businesses ready to expand.