Lockdown destroyed 42.7% of small business in South Africa – study
The economic devastation wrought by the lockdown in South Africa can hardly be fathomed.
We forgot to feed our children while millions of people lost their jobs.
The lockdown also destroyed 42.7% of small businesses in South Africa, according to a study by Finfind and the Department of Small Business Development.
For more detail, read “Lockdown forced nearly half of small businesses in South Africa to close: study” – BusinessTech
Trending, right now, on “The Money Show”:
'It's a priority problem!' Nic Haralambous shares his tried-and-tested time-organising tips to increase your income in 2021.Read More
The Money Show’s Bruce Whitfield interviews Katlego Maphai, CEO at Yoco, SA’s largest independent mobile point-of-sale provider.Read More
'Ideas are currency, but execution is wealth.' Pavlo Phitidis has advice on how to monetize and also protect your idea.Read More
Time is the most precious commodity in the world. Business owners must learn to 'manufacture' time to thrive says Pavlo Phitidis.Read More
Absa’s working capital management solutions help businesses successfully manage their cashflows and working capital.Read More
Mike Abel (author of "Willing & Abel: Lessons from a decade in crisis") on how to build a business when the economy is shot.Read More
Pavlo Phitidis tells more about a strategy that he has been using for years and how to apply this in a business.Read More
Income or equity – what is the difference?Read More
Positioning your business for success - what does this phrase even mean?Read More
These business concepts get a thumbs down.Read More