The CEI director, Abe Oliver, says SMMEs make a significant contribution to South Africa’s economy but financing them remains a huge challenge .
Oliver says, “The load shedding and COVID has added to less customers, less production taking place. It’s great to hear that there is a plan to provide R1.4 billion financing for over 90 000 entrepreneurs, but a challenge is, what is the criteria? Because small businesses are waiting in hope then just to be made aware that they don’t meet the necessary requirements.”Share article
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