Tag: illiquidity risk

South Africa cannot afford to lose its mall and medium enterprises (SMEs), says financing expert. As local business relief initiatives such as the COVID-19 Loan Guarantee Scheme come to a close, many SMEs continue to struggle, with an unfortunate number of businesses’ liquidity eroded by the pandemic and various lockdowns - especially those that operate in the hospitality and tourism industry.

Welcome to the ‘new normal’, they say. You see, something’s always considered the ‘new normal’ until yet another ‘new normal’ comes along. Granted, at times, the ‘new normal’ does actually stick. However, most of the time, it’s just noise and like the doppler effect, it will soon fade away.