KwaZulu-Natal (KZN) is more than a cornerstone of South Africa’s economy – it is a launchpad for
the future of enterprise. As the second-largest contributor to South Africa’s GDP, accounting for
approximately R488 billion and 16.3% of national output, KZN boasts a diversified economy led by
manufacturing, agriculture, and logistics. With strategic trade routes, two major ports (Durban
and Richards Bay), and the Dube TradePort SEZ, the province handles nearly 60% of South Africa’s
cargo tonnage, making it a vital gateway to global markets.

KZN’s economic landscape is further enriched by high-growth sectors such as food and beverage
manufacturing, timber, sugar, and aluminium exports. The province is home to over 41 operational
investors in SEZs, creating thousands of jobs and stimulating industrial development.

At Standard Bank, we see KZN as a hub of possibility
– and we are committed to unlocking its possibilities Partnering for Every Stage of Growth Building tomorrow’s businesses requires more than access to finance. It demands ecosystems of support, trusted networks, and tools that empower entrepreneurs to compete and thrive. Our Business and Commercial Banking division is guided by three strategic themes: transforming client experience, executing with excellence, and driving sustainable growth and value.

Our solutions are designed to support businesses at every stage:

Starting Out
Digital accounts, advisory services, and tools that help entrepreneurs build resilient foundations.
ƒ MyMoBiz: A low-cost digital business account tailored for sole proprietors and micro-enterprises.
ƒ SimplyBlu: An e-commerce platform enabling small businesses to set up online stores and
accept digital payments.
ƒ BizFlex Loans: Flexible funding for startups with variable repayment terms based on cash flow.
ƒ Business Incubator Partnerships: Collaborations with local incubators and accelerators in KZN to
provide mentorship and early-stage support.

Managing Growth
Solutions that simplify payroll, improve cash flow, and digitise operations so owners can focus on scaling.
ƒ SimplyBLU: A mobile payment solution that simplifies transactions and improves cash flow and provides an e-commerce platform.
ƒ Autopay Payroll Services: Streamlined payroll processing integrated with business accounts.
ƒ Business Online: A secure digital banking platform for real-time payments, collections, and
liquidity management.
ƒ Merchant Capital Partnership: Access to working capital based on card sales.

Expanding Further
Access to funding, trade finance, and market insights that enable businesses to cross provincial and global borders.
ƒ TradeSuite: End-to-end trade finance solutions including letters of credit, guarantees, and foreign exchange services.
ƒ Export Readiness Programme: Tailored for KZN SMEs, including compliance training and access
to international buyers.
ƒ Mauritius Offshore Solutions: Wealth and business structuring tools for family-owned enterprises expanding globally.
ƒ Sector-Specific Insights: Industry reports and benchmarking tools to identify new markets.

Global Trade Capabilities: Africa, US, and China
Standard Bank’s Business and Commercial Banking division is building Africa’s leading trade platform,
enabling businesses to connect across borders with seamless support:
ƒ Intra-Africa Trade: Leveraging the African Continental Free Trade Area (AfCFTA), Standard
Bank supports trade across 20+ African markets with integrated solutions for logistics, payments,
and policy alignment.
ƒ Africa-US Trade Corridor: Businesses gain access to US markets through tailored trade finance,
foreign exchange, and cross-border payment solutions.
ƒ Africa-China Trade Corridor: In partnership with ICBC, Standard Bank offers end-to-end Africa-China trade solutions including:
ƒ Africa-China Banking Centre: Mandarinspeaking consultants, trade agents, and logistics support.
ƒ Africa-China Import & Export Solutions: Support for sourcing goods, navigating regulations, and accessing Chinese markets.
ƒ Participation in CIIE and CAETE: Showcasing African products like wine, nuts, and edible oils to
Chinese buyers.
ƒ $600 million in trade flows facilitated in 2022 through the ICBC partnership.

Shaping the Future Through Key Initiatives Our commitment to KZN extends beyond banking. We are investing in platforms that prepare businesses for the opportunities of tomorrow:
ƒ Export Readiness Programme
ƒ EmpowHER Development Series
ƒ Kasi SME Pitch Challenge & Phush’Ispan
ƒ Franchise Networking Summit

Building a Sustainable Future
Standard Bank has committed over R74.3 billion in sustainable finance, with a goal to mobilise R450
billion by 2028. Through green financing, renewable energy solutions, and advisory services, we are equipping businesses to embrace responsible growth that benefits communities and the environment alike.

Why We Celebrate
The KZN Top Business Awards spotlight the entrepreneurs and enterprises that embody resilience,
vision, and innovation. By supporting these awards, Standard Bank celebrates excellence while reaffirming our purpose: Africa is our home, we drive her growth.