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Everything you need to know about fish farming

Ever consider Fish Farming as a business? Fish farming is a viable and environmentally responsible technique to produce a range of seafood in South Africa. 

As fish farming is still not as popular as other agricultural activities, competition is minimal. This means there’s still a lot of room available to develop a successful fish farm.

Things to Consider When Fish Farming:

  • Choosing the Right Fish Species - It is important to consider factors like the local climate.

  • Site Selection - The location for your pond or tank development needs to have a dependable water source and appropriate infrastructure.

  • Business Planning - Starting a fish farm is not cheap, so you’ll probably need to secure funding.

  • Regulations and Permits - To guarantee that your fish farming business runs legally you'll need to adhere to health and safety requirements.

  • Pond or Tank Farming - The option you go with should depend on your fish species.

  • Stocking, Feeding, and Harvesting - It’s essential to have a clear feeding plan based on your fish species' nutritional requirements.

  • Marketing Your Fish Farming Business - Create marketing plans to advertise your goods and build connections.

New This Week (12 September 2023)

Business Ideas For Rural Areas

This guide provides an overview of potentially lucrative small business ideas for rural areas in South Africa.

Business Ideas to Consider:

  • Recycling - A recycling business involves collecting everyday waste and recyclables to be used as raw materials.

  • Bakery - From weddings to birthday parties, rere is no shortage of occasions that call for a baker.

  • Transport Business - Long-distance travel can be tricky for those in rural areas.

  • Tourism experiences - With tourists increasingly looking for unique experiences you can supply curated activities.

  • Online businesses - Entrepreneurs can remotely offer digital marketing services such as social media management, website copywriting or even virtual assistance services.

In addition to reducing poverty and generating jobs, rural entrepreneurs' businesses also introduce innovations that are reshaping their communities.

Budget-friendly business ideas for students

If you’re a student who would like to become your boss, there are various ways to go about this. From tutoring services and handmade crafts (which are synonymous with students trying to make money), to social media management and fitness instruction, many of these business ideas do not require a big initial financial investment. You can turn hobbies like photography or gardening into a way to make money. With access to the right funding opportunities, there is no reason for your small business to stay a side hustle. In fact, with the right mentorship, an entrepreneurial student, can graduate straight into the position of CEO/Owner. 

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A Guide To The South African Township Economy

South Africa’s township economy is mostly made up of small and informal businesses that make a significant contribution to job creation and income opportunities within the country. If you would like to learn more about The South African Township Economy this guide is for you. What you will learn:

  1. What opportunities are available in this sector?

  2. Challenges township-based entrepreneurs may face.

  3. Which financing options are available for township businesses?

You will also get some valuable information about Richard Maponya, South Africa’s most celebrated township-based entrepreneur. Maponya’s business career spanned over half a century and began in the retail sector in the 1950s when he and his wife Marina opened a milk distribution company in Soweto.