Join Hans Zachar as he unpacks TransUnion’s research on how SMMEs face an uncertain future
For the estimated 2.5 million SMMEs that form the backbone of the South African economy, many jobs have already been impacted as consumers rein in spending. Amid the COVID-19 pandemic, over half of all small to medium-sized businesses (SMMEs) are under severe strain as financial distress continues to build and future survival remains uncertain. TransUnion has conducted research to better understand the financial impacts on these businesses to foster understanding and provide support during this time of uncertainty.