Bizcommunity | 19.11.2025 21:15
South Africa faces a structural unemployment crisis. More than 32% of adults are jobless, with youth unemployment exceeding 60%. In this context, small, micro, and medium enterprises (SMMEs) should be a central part of the solution. They make up 98% of registered businesses and contribute roughly 34% to GDP. Yet most SMMEs do not survive beyond their third year.