Township small business owners said they have not put any measures in place to address the increasing impact of load shedding, due to a pricy entry level to alternative power.
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Mastercard Center for Inclusive Growth Teams Up with Nedbank to help 9,000 informal micro-entrepreneurs grow their businesses
Collaboration will use interactive mobile messaging, providing entrepreneurs with free business and financial literacy training
Johannesburg, South Africa – 10 December 2020: Informal micro-enterprises are among those whose businesses have been significantly impacted by COVID-19, with nearly two thirds of these businesses stating that they are not performing well after lockdown, according to a recent Ipsos South Africa survey. In response, the Mastercard Center for Inclusive Growth is partnering with Juntos Global and Nedbank to provide 9,000 micro-enterprises with free business and financial literacy training to help them to build resilience, adopt digital financial services and grow their businesses.