How are SMEs Contributing to Employment in South Africa?
SMEs play a crucial role in ensuring economic growth in a country. They help by stimulating economic development and growth through providing employment opportunities. For context, here we describe what an SME is and the difference between small, medium and micro enterprises. The level of unemployment is a significant challenge in South Africa. According to Statista, the unemployment rate in South Africa was around 27.3 percent at the end of 2019. Government is relying on sma