Old Mutual SME feature: In his 2022 Budget speech, Finance Minister Enoch Godongwana announced a bounce-back scheme to assist SMEs due to two years of economic turmoil and scant growth as a result of the COVID-19 lockdowns, exacerbated by load shedding and the civil unrest of July 2021. As we reflect on what was said at the beginning of the year, we look forward to what we can expect in the medium-term budget next week, with regard to SMEs. According to Khanya Okumu, Head of Business Solutions at Old Mutual, government and financial institutions can play a vital role in helping SMEs thrive in the current tough South African economic environment.
GUEST: Khanya Okumu, Head of Business Solutions at Old Mutual