Source: Sage |

Sage Foundation launches $1 million Enterprise Fund to inspire innovation and change in Africa

The new $1 million fund is open to non-profits in Africa with enterprising ideas to help improve the lives of military veterans, young people or women and girls

Sage (www.Sage.com/za), the market and technology leader for integrated accounting, payroll & HR, and payment systems, has today launched Sage Foundation’s Enterprise Fund (https://www.Sage.com/company/sage_foundation). The new $1 million fund is open to non-profits in Africa with enterprising ideas to help improve the lives of military veterans, young people or women…

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Source: Sage |

Small & Medium Businesses should be saving Money for a Bad Day – Here’s how

By Anton van Heerden (APO.af/5pHMKP), Executive Vice-President, Africa & Middle East at Sage

Every Small & Medium Business should be aiming to have some savings in the bank as a buffer for difficult months when sales are slow or debtors miss payments. If your business has some cash in reserve, you’ll be able to fund your growth in the future, avoid taking loans…

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Source: Sage |

Nigerian Government Support can help Small Businesses thrive in Recessionary Times

Small & Medium Businesses in Nigeria face challenging times, even as the economy slides

With the Nigerian economy in recession, support for Small & Medium Businesses could be one of the key ingredients to carrying the country through these tough times. Assisting them should become a priority for big business and government. That’s according to Magnus Nmonwu (https://twitter.com/MNmonwu), Regional Director for Sage in West…

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Source: Sage |

Sage financial targets achieved with momentum for sustainable growth

Africa: double-digit growth performance maintained

Global Headlines Achieved organic revenue growth of 6% (FY14: 5%); Increased organic recurring revenue by 9% (FY14: 7%), with software subscription the primary driver; Software subscription contracts grown to over 690,000 (FY14: 450,000) and achieved 28% growth in the annualised value of the software subscriber base to £344m (FY14: £268m);…