Covid-19 will leave 3 out of 4 small / medium businesses out of work

CATEGORY: Media and COVID19
DATE: 22 May 2020
AUTHOR: The gapp

There are currently several information-gathering initiatives being undertaken by different organisations, such as SIMODISA, Business Partners, BLSA, HSRC and the Small Business Institute, each focusing on various crucial aspects of the SMME ecosystem. However, the development of innovative and groundbreaking strategies in support of SMMEs requires a collaborative research effort between policymakers and practitioners. This multi-stakeholder effort should be driven by a dedicated team to ensure oversight and accountability, and supported by significant financial and non-financial resources.

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