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‘Lack of detail’ around SME development in Ramaphosa’s Sona

Some points mentioned positive for sector but ‘SA’s engine needs to be fixed first’.

While President Cyril Ramaphosa’s second State of the Nation address is said to be one of the most pro-business addresses in recent history, there was little mention about the role of SMEs. 

Bierman, MD at Business Partners, says he was disappointed by the lack of detail surrounding improving the environment for small businesses, but that Ramaphosa did touch on a few issues, such as expanding incubators for the formation of new businesses, which will impact the sector positively.  

Read: Ramaphosa instils hope, but ignores the elephants

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