State must stop paying lip service to SMEs

It has become a familiar mantra of government leaders when talking about our elusive economic recovery – small businesses are our best shot at creating jobs and helping our country get back on the mend, we are often told. 

At a media briefing in February, President Cyril Ramaphosa said SMEs in developed economies made up 90% of the formal economy and therefore our government needed to help them develop. ..

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