SMME's

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Goggle has announced a plan to invest $1 billion over the next 5 years to support Africa’s Digital Transformation.


The unemployment stats released by Statistic South Africa paints a grim picture. More than 2 million people have lost their jobs due to the Covid-19 pandemic. The situation faced by South Africans is made worse by the rising cost of living, increasing inflation rate and rising petrol prices.


Absa says that 90% of the jobs lost up to the beginning of the third quarter took place in Small Medium and Micro Enterprises (SMME) sector. Tsungai Masendeka has described the situation faced by SMME’s as dire.

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