Any hope for livelihood in today’s economy?

Thursday, August 04, 2022 | 890 Views |

COVID-19, Russia – Ukraine War, and now a looming recession, how sustainable is it now to still own a business, particularly in African economies, as a start-up and Small Micro Medium-Enterprise?

Among the greatest worries, would be the new burden brought about by inflation. A survey by Ipsos SA has found that this is the biggest concern facing people in over 27 big economies compared to other global issues like poverty, unemployment, crime, corruption, and even COVID-19.

Whilst businesses are now less concerned about COVID-19, the aftereffects are still being greatly felt. This is now worsened by the announcement by the World Health Organization a few days back that the monkeypox outbreak is now a global public health emergency.

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Any hope for livelihood in today’s economy?

COVID-19, Russia – Ukraine War, and now a looming recession, how sustainable is it now to still own a business, particularly in African economies, as a start-up and Small Micro Medium-Enterprise?