SIPHO PITYANA: Flattening the SME curve
Tourism, restaurants, aviation and retail sectors are taking the biggest hit
Small and medium enterprises (SMEs) are at the heart of the SA economy — and for this reason, they are firmly at the centre of the response team set up by Business Unity SA (Busa) to deal with the Covid-19 threat and its impact on the economy.
The next 100 days are crucial. The sector — already buffeted by the downturn in the economy before Covid-19 reached our shores — will be decimated unless the situation improves by midyear. Urgent, focused and agile interventions are needed to avoid this happening, particularly given the massive job losses that will surely accompany it...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.