JOHN DLUDLU: The silent killer of small businesses is alive

Too many SOEs and state departments still pay hundreds of small businesses late or not at all

Three years ago three business organisations — Business Unity SA, Business Leadership SA and the Small Business Institute — ran a successful campaign aimed at encouraging large businesses to settle invoices owed to small business suppliers in a timely manner. The call was also endorsed by the CEO Initiative.

The campaign, launched in the middle of the Covid-19 pandemic, resulted in an unprecedented public pledge by more than 50 JSE-listed companies to pay small business suppliers within 30 days, in line with decades-long government policy. ..

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