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BEYOND 2020: Steering South Africaâs Entrepreneurs and SMMEs into the new era
By Brandstories
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Finfind, South Africa s leading online access portal to finance solutions for SMMEs, reported a study that showed 42% of small businesses closed during the SA lockdown â a figure far beyond what was anticipated. Itâs no secret that our countryâs entrepreneurs and small business owners have been the hardest hit by the economic impact of the Covid-19 lockdown, yet support has been limited for this sector of the industry.
Small businesses have a vital role to play in jump-starting the countryâs economic growth and curbing the devastating economic effects of Covid-19, but this sector will need support from the financial and private sectors, big business and government to survive the worst of the crisis.