Discussion | Budget 2025 | Lack of adequate support for small businesses

JOHANNESBURG - Small, medium and micro enterprises account for 60 percent of employment in South Africa.

These businesses often operate in under-resourced communities, with little to no financial support from the private sector or government.

READ: Organisations want Finance Minister to speak on SME's on 2025 budget

At the back of the GNU budget, we ask if the current levers are adequate to grow and sustain township and rural businesses. These still lack adequate funding, access to market, infrastructure and general support.

SMME analyst and economic researcher Phosane Mngqibisa had a sit-down with eNCA's Sindi Mabe and spoke more on this topic.