More than half South Africa’s small businesses don’t expect to survive for more than a year, a survey backed by lender Absa Group found.
Some 53% of the 1 600 entities canvassed for the inaugural Small Business Growth Index said they were contracting, trading with difficulty or at risk of closure, with costs of some of inputs such as transport and raw materials climbing as much as 61%.
Just one in four of the firms reported that they were growing, while 55% said they may not survive longer than a year. Less than 12% anticipated remaining in business for more than two years without support to improve…
Visual Arts: South African artists, such as William Kentridge and Esther Mahlangu,
are recognized internationally for their contributions to contemporary art.
Jester
It is wise to remember that firefighters fight fire with water before you fight fire with fire
Cool Whip
Why’d the blonde math major only apply to colleges in South Africa? She wanted to attend a party school where she couldn’t fail at integrating.