Integrated support models that combine funding with skills development are key to 'missing middle'

Bizcommunity | 25.06.2026 19:20
Small and medium enterprises are vital to economic growth and job creation in South Africa. Despite having over 3.2 million micro, small and medium enterprises, employing an estimated 13.4 million people and contributing 40% of national GDP, we still have one of the highest SME failure rates in the world, as high as 70%-80%. Changing this narrative by providing them with the right support structures is critical.