- Small businesses face challenges during this crisis that are complex and vital to overcome for South Africa’s future.
- At the end of April 2020, 48% of businesses surveyed by StatsSA indicated temporary closure or paused trading activity, while 8.6% had permanently ceased trading.
- Massive, undifferentiated loans, are, at best, a stop gap measure. They may halt the carnage for a few weeks, but we need better policies going forward.
- As long as we take care of people, especially workers, we can allow businesses to fail. Some businesses are just not going to be appropriate for the post-pandemic world
