Close Menu
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact

Subscribe to Updates

Get the latest technology news from TechFinancials News about FinTech, Tech, Business, Telecoms and Connected Life.

What's Hot

Rise In E-Commerce Activity Boosts SA’s Supply Chain Sector

2025-07-16

iPhone 17 Pro May Return To Aluminum Alloy Body

2025-07-16

LEPAS Debuts In South Africa 2026 To Redefine Premium SUVs

2025-07-16
Facebook X (Twitter) Instagram
Trending
  • Rise In E-Commerce Activity Boosts SA’s Supply Chain Sector
Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp RSS
TechFinancials
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact
TechFinancials
Home»News»Stage 4 Load Shedding – Advice For SMEs To Keep The Tills Ringing
News

Stage 4 Load Shedding – Advice For SMEs To Keep The Tills Ringing

Staff WriterBy Staff Writer2022-03-09No Comments4 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Eskom
Load shedding.jarl-schmidt-8qgFNfC2oAI-unsplash
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

A private sector-driven task force will provide small businesses with instant financial assistance to survive the latest round of load shedding. It was re-initiated in Cape Town at the end of 2021.

The “SME Load shedding Task Force” was launched by Lulalend, a fin-tech business that offers real time business funding to South African small businesses and which counts the World Bank Group’s International Finance Corporation (IFC) amongst its investors.

Lulalend CEO Trevor Gosling says the task force has been reinstated to prioritise applications and provide an almost instant response to businesses in crisis due to load shedding.

Many small businesses do not have the necessary backing to survive such interruptions, especially after the strain they have been put under during lockdown. Lulalend is stepping in where traditional banks are failing to come to the rescue of small businesses in need of emergency financial assistance.

Under normal circumstances, funding applications are processed by Lulalend within 24 hours. The emergency task force will however fast-track the process further to provide an almost instant response for businesses that are severely affected by Eskom’s power interruptions.

Gosling says load shedding has led to the company seeing a spike in bridging finance applications from small businesses.

This worrying trend, combined with the fact that for many SMEs the next few weeks of peak season activity determine whether they make an annual profit, prompted the creation of the special emergency response task force.

“By setting up our emergency response task force, we are now able to prioritise any applications when the applicant tells us it’s load shedding-related.”

How to apply

South African businesses with an annual turnover of R500 000 or more, and that have been in business for at least one year, are eligible to apply. Applicants can apply for bridging finance amounts of up to R2million. The application process is done online via the Lulalend website. Applicants need to flag that they are applying due to interruptions caused by loadshedding in order to be placed on the emergency priority list.

Load shedding survival tips for small businesses

Small businesses need to start looking at workarounds to lessen the impact of load shedding. Gosling says there are several things that small businesses can do in the interim to mitigate the fallout from load shedding:

  1. Download apps like Eskomsepushto make yourself aware of the load shedding times in your area and communicate this with your team. Structure your workdays to tackle the important tasks in those times.
  2. Break up the workload.If you only have a limited number of hours a day – spread the important tasks across team members so that they get accomplished in time.
  3. Invest in surge protectors for your appliances, machinery and hardware. Small surge protectors that are sold in the supermarket will do the trick to keep your PC, fridge, coffee machine and other small appliances from blowing when the power surges back after load shedding. For industrial-size equipment, it’s best to get advice from a trustworthy electrician.
  4. If you run a shop, invest in a mobile or battery-powered point of sale solution so that you can continue to accept card payments when the power is off.
  5. Invest in solar power banks or car chargers for your mobile devices.
  6. Identify which tasks can be done with your mobile device when all other systems are down, such as phone and email communication. Though your data costs might be higher than usual, at least you’re able to stay in touch with suppliers, customers, and stakeholders.
  7. This may seem obvious but charge your technology while you have power.
  8. Backup all systems and important – on the cloud and on an external hard drive. It’s easy to lose documentation and vital information if it’s not saved and backed up in time.
  9. Consider investing in a generator. If it’s difficult to find the extra cash, talk to Lulalendabout bridging finance.
  10. Ensure you have fast access to additional working capital to ensure your business can survive any revenue dips that load shedding may cause.

Eskom Load Shedding SMEs
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Staff Writer

Related Posts

Gwede Mantashe Named Acting Minister Of Police

2025-07-15

Presidency Denies DA’s Claims On Mcebisi Jonas’ US Visa Denial

2025-07-15

Minister Creecy Dissolves RAF Board Over Governance Failures

2025-07-15

Monde Bala Appointed Interim CEO Of National Transmission Company SA

2025-07-15

Government Working To Safeguard The Integrity Effectiveness Of The Police

2025-07-15

Life Healthcare Completes Sale Of Life Molecular Imaging To Lantheus

2025-07-14

President Ramaphosa To Brief The Nation On National Security Matters

2025-07-10

McDonald’s SA Brings Back Big Tasty With GALXBOY Collab – Limited Time

2025-07-10

Huawei eKit Launches 20+ Products To Empower South African SMEs

2025-07-09
Leave A Reply Cancel Reply

DON'T MISS
Breaking News

Rise In E-Commerce Activity Boosts SA’s Supply Chain Sector

Despite facing ongoing challenges, South Africa’s supply chain sector is experiencing growth fuelled by a…

LEPAS Debuts In South Africa 2026 To Redefine Premium SUVs

2025-07-16

How Agri-Tech Is Powering South Africa’s Cannabis Boom

2025-07-15

Ithuba Challenges Lottery Licence Award

2025-07-14
Stay In Touch
  • Facebook
  • Twitter
  • YouTube
  • LinkedIn
OUR PICKS

Fuse Lit: SA’s U.S. Tech Bomb ‘Nears Detonation’

2025-07-16

US Denies Mcebisi Jonas’ Visa, Rejects Credentials As Ramaphosa’s Envoy

2025-07-15

Takealot Expands Pickup Points At Pick n Pay For Shopper Convenience

2025-07-14

DA Urges President: Fire Minister Nkabane Now – Open Letter

2025-06-25

Subscribe to Updates

Get the latest tech news from TechFinancials about telecoms, fintech and connected life.

About Us

TechFinancials delivers in-depth analysis of tech, digital revolution, fintech, e-commerce, digital banking and breaking tech news.

Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp Reddit RSS
Our Picks

Rise In E-Commerce Activity Boosts SA’s Supply Chain Sector

2025-07-16

iPhone 17 Pro May Return To Aluminum Alloy Body

2025-07-16

LEPAS Debuts In South Africa 2026 To Redefine Premium SUVs

2025-07-16
Recent Posts
  • Rise In E-Commerce Activity Boosts SA’s Supply Chain Sector
  • iPhone 17 Pro May Return To Aluminum Alloy Body
  • LEPAS Debuts In South Africa 2026 To Redefine Premium SUVs
  • Fuse Lit: SA’s U.S. Tech Bomb ‘Nears Detonation’
  • Gwede Mantashe Named Acting Minister Of Police
TechFinancials
RSS Facebook X (Twitter) LinkedIn YouTube WhatsApp
  • Homepage
  • Newsletter
  • Contact
  • Advertise
  • Privacy Policy
  • About
© 2025 TechFinancials. Designed by TFS Media.

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.