Here’s how many small South African businesses say they will close in the next 12 months: survey


Business organisation Sakeliga has published a new report looking at how South African companies are coping with the coronavirus lockdown.

423 respondents participated in the survey which took place from 5 – 9 June as the country moved to level 3 of its Covid-19 regulations.

Businesses with fewer than 50 employees accounted for 96% of respondents, while approximately 75% of the respondents indicated ten or fewer employees in their companies.

The data shows that in June nearly eight in ten (77%) of respondents indicated that their company was allowed to trade. By comparison only five in ten of respondents said that they could trade in May’s survey.

To find out more about this article please visit:   https://businesstech.co.za/news/business/413399/heres-how-many-small-south-african-businesses-say-they-will-close-in-the-next-12-months-survey/

Resources:   https://businesstech.co.za/news/


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