JOHANNESBURG - Accountant and economics commentator Khaya Sithole has called on the government to ease access to markets for SMMEs, warning that failure to do so, will hamper the country from reaching optimal trade levels. Sithole said that more should be done to enable small businesses to not only grow locally but to also have an international footprint.
“It remains remarkably important for us to be able to promote and to enable many small and emerging businesses to access the platforms, be given the type of visibility, to be given the type of market access that enables many more potential trade partners not just to know that they exist, but also the fact that they have done particular work and are willing to engage and collaborate with different partners, particularly across the continent,” he said.
Sithole also pointed out that the African Continental Free Trade Agreement , which came into effect in 2018, would determine whether the continent was equipped to reverse its trade deficit. “If it is easier , the next question would be whether there will be an increase in the volumes of those goods being traded.”
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