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An SMME lifeline | Netwerk24

14 Desember 2020 06:08 “Registered black-owned small, medium and micro-enterprises (SMMEs) across the country that have been operating for 24 months or longer, are urged to enter the Eskom Development Foundation’s Business Investment Competition (BIC) and stand a chance to win a share of a R1,3 million prize,” said Cecil Ramonotsi, CEO of the Eskom Development Foundation. A report compiled by GEN 22 on Sloane, which offers start-up funding opportunities and access to markets, notes that more than 55 000 SMMEs in South Africa will not survive the Covid-19 global pandemic. A total of 92% of SMME business operations have been impacted, and at least 42 350 of those working for these SMMEs will lose their jobs.

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