SMEs need to ignore government’s smoke and mirrors, and learn how to thrive
The single-biggest effect on small and medium sized businesses from the Covid-19 pandemic has been digital transformation
SA small business owners should accept that government does nothing for the sector and that announcements about relief for small and medium enterprises (SMEs) are mere political rhetoric. Once we collectively come to that understanding the survival and future sustainability of the sector can be addressed meaningfully.
That government enjoys publicity from headlines announcing R1.4bn relief or even the R200bn Covid-19 scheme, is disappointing. One merely needs to look at how much of this money has actually reached the coffers of distressed businesses to understand the blurry space between a publicity stunt and a meaningful intervention...
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