Author: Lelanie Bason

Entrepreneurs are often hailed as the country’s future saviours by politicians – the lifeblood of the economy, the heroes of modern times. After all, it was small and medium-sized enterprises (SMMEs) that policymakers looked to drag economies out of the 2008 recession and provide new employment opportunities[i]. Unfortunately, not much was done to ensure that SMMEs can absorb the impacts of future financial crises such as the current harsh realities stemming from the COVID-19 pandemic. Creating a supportive environment is urgently needed and issues of access to financing must be addressed. A distinct gap exists between the amount of money…