SMMEs battle in agric, manufacturing- LEA

Thursday, December 04, 2014

Agriculture and manufacturing are proving impenetrable for Small, Medium and Micro Enterprises (SMMEs) who are drawn to the two sectors more than other entry-level enterprises, the Local Enterprise Authority (LEA) has revealed.

In a statement accompanying the Authority’s latest Annual Report, LEA CEO, Tebogo Matome said the majority of the organisation’s clientele was in the two sectors and was performing poorly.

“It is therefore correct to conclude that the prevailing business environment is more restrictive to start-up and growth of SMMEs in these sectors,” he said.

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