How can small firms survive when state drags its heels with payments?
Public servants who fail to pay suppliers timeously should be fined
12 October 2020 - 15:54
I’d like to propose a simple and foolproof way for the government to boost the small and medium enterprise (SME) sector. All it has to do is pay them on time when they do work for the state.
Using the lockdown regulations, President Cyril Ramaphosa should include a new line item that will fine the accounting officer, in their personal capacity, R5,000 per business per month should they fail to pay SMEs timeously...
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