Tag: Cas Coovadia

SME development has been on the agenda since the days of the Mandela presidency - and yet, South Africa’s small businesses continue to founder. Their precarious state has been placed under even more pressure by unforeseen events such as the pandemic lockdowns and July riots, and, with our unemployment rate now standing at more than 30%, it is more important than ever to take action.

The whole of South Africa is still in shock after the South African Reserve Bank has announced that SA is in a technical recession following two consecutive quarters of negative growth. Most analysts had expected a moderate increase in GDP.