SMMEs On Brink Of Collapse, Feel COVID-19 Brunt

Monday, August 17, 2020

Members of Tabepo Street Vendors Association PIC: KEOAGILE BONANG

covid19

Business Monitor has established that most SMMEs are heavily traumatised by the impact of COVID-19 on their liquidity position and business survival.

Since the outbreak, most of the SMMEs have been operating under uncertainties, with some forced to lay off their employees as they could not afford to pay salaries anymore.

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