The Daily Discourse

#SMEs need simple, fast access to funding


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Cash flow is one of the biggest challenges facing small and medium enterprises (SMEs) around the world, and South Africa is no different. The global pandemic devastatingly exposed this, with many shutting their doors and others being squeezed to their limits. According to research conducted by SMEgo at the start of the Covid-19 pandemic in South Africa, 93% of small business owners had no other source of income, and 86% didn’t know where to access emergency funding. To tell us more on the problem with accessing conventional financing options in times of crisis, and where small business can get assistance with funding as they look to recover in 2022, we are joined on the line by…

Guest: Nobesuthu Ndlovu - Director SME at Old Mutual Corporate

 

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The Daily DiscourseBy SAfm