The onset of the Covid-19 pandemic proved that small to medium-sized businesses (SMEs) are the backbone of the South African economy.

Yet, existing debt, lack of cash reserves, outdated financials, and an inability to operate during the national lockdown forced almost half of South African small businesses to close their doors in 2020.

This is according to a report by the Department of Small Business Development and Finfind, an online platform that connects funders to small businesses. Read more....https://media.getfundedafrica.com/2021/01/21/investment-key-to-sme-survival-and-recovery/