SABC News: The COVID-19 has seen a devastating impact on SMMEs with over 55 000 unlikely to stay in business

South Africa’s small, micro and medium-sized businesses have been severely affected by the COVID-19 pandemic and the country’s lockdown response. The CEO of the Small Business Institute, John Dludlu, says their study on the state of SMMEs in the country during COVID-19 pandemic shows that some 55 000 SMEs will not survive, or have already closed their doors. For more news, visit sabcnews.com and also #SABCNews #Coronavirus #COVID19News on Social Media.

by SABC News – https://www.youtube.com/watch?v=medHIS1z20c