Listing SMEs is a sure way to create jobs
Focus should be on scaling businesses to grow the economy
Up to 80% of all new jobs created can be attributed to companies that have fewer than 50 employees. However, there is a catch: to produce these exceptional results from small and medium-sized enterprises (SMEs), they need to become listed public companies. In SA job creation is a necessity to solve the broad spectrum of social and economic problems that flow from unemployment. We are currently facing an alarming rate of unemployment that jeopardises economic growth and development. The best way to remedy this is through economic growth that will subsequently produce jobs and SMEs and start-ups provide the most effective way to do this. In light of this, in the past few years we have seen an emphasis being placed on the importance of entrepreneurship in SA. However, this focus needs to be narrowed down to an emphasis on scaling existing businesses and start-ups, particularly by using the opportunities presented by the JSE. The economic impact of scaling SMEs through listings can driv...
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