‘I can’t breathe’ – these words resonate for most Black, White, Indian and Coloured owned SMMEs right now in South Africa.
Most SMMEs have not received any form of help from the current COVID-19 interventions including the ones by government because the criteria for helping SMMEs is written by people who have never run a business of their own on a full time basis.
With due respect 90% of the people who are responsible for ESD and approving loans in financial institutions are not involved in the overall profitability of the organisations they work for as that is how companies are structured but this then creates limitations in the way these important people tasked with helping SMMEs understand business and look at applications by SMMEs.
Without consulting or shadowing SMMEs these decision makers shoot in the dark as to the ideal criteria when you set out to help an SMME who at times goes for months with no personal income but making sure his/her employees get a salary.
We implore the government, big business and all stakeholders to hear the cry of the SMMEs.
If you are an SMME and you want to help our petition please register here: https://vcdugout.co.za/register/
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