Analysing the state of SMMEs in a stagnant economy

Relatively little credible data is available about small, micro and medium enterprises (SMMEs) in South Africa, and the available stats look dismal. 

 

A 2018 study by the Small Business Institute (SBI) showed that the number of micro firms in SA increased from 169 986 in 2011 to 176 333 in 2016, whereas the number of small firms increased from 63 864 to 68 494 and medium firms from 15 257 to 17 397.

 

Source: BEE Chamber

LINK  : https://www.fin24.com/Finweek/Entrepreneurs/analysing-the-state-of-smmes-in-a-stagnant-economy-20200304

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