COVID-19: Economic prospects for SMMEs Survey – how are SMMEs coping with the coronavirus lockdown and the measures taken to re-open the economy?
The Inclusive Society Institute shares government’s concerns with regard to the spreading of the coronavirus and supports efforts aimed at flattening the curve. At the same time, it recognises that the current measures deployed by government are taking their toll, especially as they affect the SMME sector. The institute carried out its first COVID-19 SMME survey in April 2020, the results of which pointed to areas of serious concern. Since then, government has announced a phased approach to the re-opening of the economy, with the first steps taken with effect from 1 May 2020. This second survey assesses the SMME sector’s current position apropos the performance, sustainability prospects and opinions regarding their own and the country’s economic future. The survey was undertaken over the period 5 to 7 May 2020.
COVID-19: ECONOMIC PROSPECTS FOR SMMEs
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