How long small businesses in South Africa say they can continue to operate


Financial distress caused by the effects of the Covid-19 pandemic has seen the majority of small, medium and micro-sized enterprises (SMMEs) come under severe strain, with their future survival uncertain, new data from TransUnion suggests.

The study shows that nine in 10 (90%) small businesses in South Africa are struggling or temporarily closed as a result of the impact of the Covid-19 pandemic.

Just 9% report that they are operating as normal.

To find out more about this article please visit:  https://businesstech.co.za/news/business/419509/how-long-small-businesses-in-south-africa-say-they-can-continue-to-operate/  

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