DURBAN - Dr Zweli Mkhize, ANC Treasurer General, spoke at the AHI SME Indaba where he discussed SME’s being the driving force of the South African economy.
Mkhize highlighted the main issue is the growth of the economy, the second issue is job creation both of which the SMEs (small to medium sized enterprises) play an important part.
Driving small businesses and ensuring their success will help the South African economy.
SME’s contribution to the South African GDP accounts between 52%, they hope the contribution will increase to 90% in the future.
However SME’s have many challenges ahead that need to be resolved, to ensure that they can play an integral part in the improvement of the SA economy.