SMMEs scale up through exhibitions
Friday, March 07, 2025 | 70 Views |
Sharing ideas: At least 113 SMEs exhibited at the Meetings Africa event, with their stalls being provided to them for free
Organisers said small businesses are growing because they are consistently invited to exhibit at such events, allowing them to showcase their products and services to a wider market.
At this year’s Meetings Africa, the 113 SMMEs were among the more than 400 exhibitors, highlighting the commitment to supporting small businesses.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...