GARETH ACKERMAN: State and big business must get small entrepreneurs involved in the supply of goods
We need risk-takers, and creativity from banks and NGOs to aid them with start-up finance
22 October 2020 - 14:18
SA’s arrival at an economic crossroads has been made more apparent by the impact of the Covid-19 pandemic, which has laid bare the deep economic and social divide in the country.
It is estimated that more than 3-million jobs will have been lost in SA by the end of 2020; GDP could contract by 7%-9%; many companies have closed and some in the small and medium-sized enterprise (SME) sector may never reopen; livelihoods have been affected and household food security has worsened; businesses have lost and continue to lose income given a weak economy and sustained trading restrictions...
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