This is what happens in one business day in SA

Written by Vernon Cheung

Dec 7, 2017

By Trevor Gosling, CEO: Lulalend

So, what happens in a typical business day in South Africa? What are some of the main business activities that play out in the time it takes to process and approve a business loan application?

Here are some of the amazing things that take place on an average working day

• 7.8 million people get ready for work at 650 000 SMEs across the country
• 683 new SMEs are established
• 868 new SME jobs are created
• R11-billion in economic value is created
• 15 million minibus commuter trips take place
• 6 million people order coffee from an independent coffee shop
• R101-million is spent on online transactions
• 6.8 billion emails are sent and received

Please fill out your details and we will ensure to keep you updated with a weekly bulletin on the latest blog articles we have to share!







You May Also Like…

Beginner’s guide to crypto investing

Beginner’s guide to crypto investing

In the world of cryptocurrencies, time moves at an extremely rapid rate. In order for you to become familiar with this popular form of investment, learn crypto innovations and the many ways on how to invest, you first need to master the basics.

7 Top Marketing Tips and Trends

7 Top Marketing Tips and Trends

The pandemic has taught us that the future cannot be predicted. Everything is uncertain, especially when it comes to business. However, by conducting research and taking a look at the market, we can see when new marketing trends arise.

Want success? Here’s how to succeed through networking

Want success? Here’s how to succeed through networking

How do you get your great idea – your BHAG – from a lightbulb moment to reality? It’s no longer just about what you know, it is about WHO you know that is going to make the difference – and that all depends on how well you build your business network.