Rainfin Blog Small business in SA is brutally impacted by the economy

  The financial services company, Retail Capital, recently published a new study which shows that small business in South Africa is being seriously hampered by a low-growth economy, rising operating cost and unreliable utilities. Only 10% of our SMEs are thriving, while the other 90% are in dire straits, according to the study called “Rolled with the punches”.  SMEs collectively contribute 20% to the GDP and employ 10.8 million people – very much South Africa’s lifeline. The study was done... The post Small business in SA is brutally impacted by the economy appeared first on RainFin.