Opinion

Economic and political certainty necessary for SME growth

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South Africa’s small and medium enterprises (SMEs) require a less volatile business environment if they are to grow and continue creating employment opportunities. The current challenging economic landscape, which is compounded by economic uncertainty caused by the potential ratings downgrade and the increasing uncertainty around the pivotal role of the finance minister, is rapidly eroding the South African business owners’ confidence levels and the calls for a strong and stable political framework to facilitate the country’s economic recovery is growing increasingly louder.