Government must have clear policies for business

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For the economy to grow, small and medium-sized businesses need fundamental support from the state. The time to act on policy is now, writes Pieter Bensch

We’re racing towards the end of the tax year and the start of the next, with the president’s state of the nation address and the finance minister’s budget speech for 2020/21 on the horizon.

Let’s consider some of the concerns on small and medium-sized business owners’ minds, and some ways government could address their challenges:Finance Minister Tito Mboweni painted an unflattering picture of the economy and the state of public finances in his medium-term budget speech in October.What’s more, the budget deficit was projected to widen from 3.1% to 4.3% of GDP in this financial year.

 

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ThuliMadonsela3 Do away with BEE and make into law that the Gov has to pay SME’s within 30 days of invoice...it’s not that hard 🙈

I co-sign on this ✊

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