The past 18 months might well rank as the worst period for owners of small businesses. Many will not have had much to celebrate during World Entrepreneurs Day on Saturday.

The decade leading into 2020 was hardly rosy for SA’s businesses. It was in August 2007 that the world got a sense that something was amiss when French bank BNP Paribas announced that it was suspending redemptions in some mutual funds. The global financial crisis was thought to have reached a climax with the collapse of Lehman Brothers in 2008, which froze global credit markets and equity slumps across the world.  ..

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