Barclays builds capacity for SMEs
Thursday, November 09, 2017
The ESD programme will mainly focus on capacity building and link SMEs with the corporate value chain hence creating access to finance. The product will also help to provide access to markets through a purchase order finance closed loop model.
Speaking at the launch yesterday, Barclays Bank managing director (MD), Reinette van der Merwe said the SME sector has proven to be an important driver of economic growth and employment creation despite the fact that about 90% of them fail in their first five years.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...