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Largest Non-Bank SME Financier On Track To Disburse R8bn By 2023 - Insights Into A Decade Of The SA SME Sector

Largest Non-Bank SME Financier On Track To Disburse R8bn By 2023 - Insights Into A Decade Of The SA SME Sector
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Karl Westvig , A Group , Retail Capital , சில்லறை மூலதனம் ,

SMEs hit hard by rising costs, restrictions and heavy looting


SMEs hit hard by rising costs, restrictions and heavy looting
By Banele Ginindza
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JULY HAS come with severe challenges for South Africa’s small and medium enterprises (SMEs), which have to face, in addition to an extended lockdown and widespread looting, increases in electricity charges, a hike in property rates and higher fuel prices.
This as SMEs across the country, particularly in looting-hit KwaZulu-Natal and Gauteng, began picking up the pieces after they were wiped out when protesters helped themselves to goods.
According to insights from funder Retail Capital, the lockdowns impact SMEs not only financially, but also sentimentally, because as soon as increased restrictions are put in place, there is a general hold on spending. ....

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