A world of business for SME's launched



Petra.JPGSouth Africa may have a diverse entrepreneurial landscape, but there are three distinct challenges that arise in the start-up and growth phases of a business. These are: limited access to market, little or no support structures, and restricted financial information and access to credit.

In response to these problems “our team at Leap has designed and developed The Business World – an online, mobile-compatible trading platform. With its fully integrated business support services, enterprise development programmes, and financial institutions, the portal is aimed at entrepreneurs, small business owners and procurement officers” says Cara-Leigh Shepherd, Strategic Administrator at The Business World,  in this month’s SmartProcurement.


The Business World creates access to markets by enabling business-to-business and business-to-customer trade. It is a portal that is focused on connecting buyers to verified quality suppliers across South Africa, and fairly soon to the rest of Africa. It has full financial integration, accounting and procurement capability, and is designed to streamline the accreditation process, where SMEs are encouraged to create more credible and informative profiles of their services and products.

A virtual incubation centre is directly connected to The Business World, and provides real-time, relevant small business support on all start-up issues. “We understand the needs of small businesses and that’s why we provide business owners with tax, legal and HR experts, available through the portal, either over the phone or online” said Shepherd.

This virtual centre currently incubates 100 000 SMEs, and provides relevant and timely advice, and administration and procurement support when a business needs it. The plan for 2015 is to migrate all of these SMEs onto The Business World.

Through The Business World, small businesses are connected to financial institutions and corporate buyers. The first two corporate clients who have backed the portal are Standard Bank and BHP Billiton, however, Leap is also in talks with credit checking agencies, peer-to-peer lenders, online shopping portals, and venture capitalists. The platform has an enterprise and supplier development functionality that allows corporate companies to support local SMEs, through an online enterprise development programme. The Business World’s online needs assessment, and telephonic mentorship sessions, have been developed by a team of SME experts, and this simplifies the process of supporting businesses in the right areas.

As the Business World team, the company invites all entrepreneurs to engage with the platform, where they can get access to new markets and receive valuable support when and where you need it most. They believe that through online commerce, The Business World will change the South African and African entrepreneurial landscape, will inspire local transformation, create jobs and drive economic growth.

Leave a comment

SmartProcurement Newsletter

Please enter your details below to receive the SmartProcurement Newsletter for FREE on a regular basis.

As part of the SmartProcurement Newsletter you will be receiving World Class Procurement News, Tools, Tips, Tactics, Procurement Training updates, Upcoming Events, and the latest Procurement Career Openings.

* Email Address:
* Title:
* First Name:
* Surname:
* Company:
* Country:
* Public / Private:



Career opportunites

Warehouse Manager

  • <500 000 Gauteng Logistics & Warehousing Operations, Planning & Inventory Permanent
R400 000 - R480 000 CTC per annum.Location: ...More

Supply Chain Analyst

  • <500 000 Analyst Permanent Supply Chain Western Cape
R400 000 - R500 000 per annum.Location: Cape ...More

Commodity Manager

  • <500 000 Commodities Gauteng Permanent Procurement Consultant
R650 000 - R750 000 per annumLocation: Cape ...More

Logistics Manager

  • <500 000 Gauteng Logistics & Warehousing Operations, Planning & Inventory Permanent
Salary: R 800 000 - R 900 000 ...More

Demand Planner

  • <500 000 Gauteng Operations, Planning & Inventory Permanent Projects / Category Management
Salary: R 600 000 - R 650 000 ...More

Supply Chain Analyst

  • <500 000 Analyst Gauteng Permanent Supply Chain
R600 000 - R700 000 per annum Location: ...More

Commodity Manager

  • <500 000 Commodities Gauteng Permanent Procurement Management
R850 000 - R1 000 000 per annumLocation: ...More

Commodity Manager

  • <500 000 Commodities Permanent Procurement Management Western Cape
R700 000 - R850 000 per annum,Location: Western ...More

National Supply Chain Manager

  • <500 000 Across borders Permanent Procurement Management Supply Chain
R750 000 - R1 000 000 per annum,Location: ...More

Industrial Engineer

  • <500 000 >500 000 Industrial Engineer Operations, Planning & Inventory Permanent Western Cape
R450 000- R500 000 CTC per annum,Location: Western ...More

Commodity Manager

  • <500 000 Commodities Gauteng Permanent Procurement Management
Category: Procurement,Salary: R700 000 - R800 000 per ...More

Supply Chain Manager

  • <500 000 Gauteng Permanent Procurement Management Supply Chain
Category: Consulting,Salary: R750 000 - R800 000 CTC ...More

Logistics Manager

  • <500 000 Across borders Logistics & Warehousing Permanent Procurement Management
Category: Logistics,Salary: R900 000 - R1 000 000 ...More

Demand Planner

  • <500 000 Gauteng Operations, Planning & Inventory Permanent Projects / Category Management
Area of Specialisation: Planning,Salary: R500 000 - R650 ...More

Industrial Engineer

  • <500 000 Analyst Gauteng Industrial Engineer Permanent
R800 000 - R850 000 CTC per annum.Location: ...More

Security Manager

  • <500 000 Analyst Gauteng Permanent Procurement Officer / Specialist
(Total Cost to Company R350K - R550K).This is ...More

Operations Manager

  • <500 000 Gauteng Operations, Planning & Inventory Permanent Projects / Category Management
(Total Cost to Company R650k - R750k) excluding

Commodity Manager Raw Materials

  • <500 000 Commodities Gauteng Permanent Strategic Sourcing
(Total Cost to Company R980k - R800k) excluding ...More

Commodity Manager Logistics

  • <500 000 Commodities Gauteng Logistics & Warehousing Permanent
(Total Cost to Company R1mil - R900k).Industry: Engineering

Procurement Consultant

  • <500 000 Gauteng Permanent Procurement Consultant Procurement Management
(Total Cost To Company 550K - 450K) includes ...More