The Public Service Commission (PSC) says the failure of government departments to pay suppliers on time has brought “untold harm” to the economy, with many businesses closing shop due to a lack of cashflow.

Failure to pay suppliers of services and goods has dire consequences for the sustainability of businesses, mostly small medium and micro enterprises (SMMEs)...

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 or call 0860 52 52 00. Got a subscription voucher? Redeem it now