Some of SA’s largest companies have pledged to pay their small and medium enterprise suppliers on time, highlighting a long standing problem that has bedeviled the country's entrepreneurs who are supposed to be engines for growth and job creation.

Business for SA (B4SA), a lobby group formed at the advent of the Covid-19 outbreak to support the nation’s crisis response, launched the initiative on Tuesday  in which more than 50 large companies across various sectors have formally undertaken to pay SMEs within a month. ..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now