South African small businesses have proven to be resilient throughout the Covid-19 crisis and many remain optimistic about their financial futures.

However, SMMEs remain extremely vulnerable to external shocks, such as lockdown restrictions and civil unrest, and they require significant support if they are to survive and play a role in the country’s economic recovery and job creation.

This was revealed in “From Survival to Opportunity through Covid-19 and Beyond: SA Future Trust Baseline SMME Report” released on Thursday, 09 September 2021.

The report was co-authored by Ashleigh Fynn-Munda (Social Investment Associate at Oppenheimer Generations Philanthropies) and Dr Emmanuel Owusu-Sekyere (Deputy Director of Research at The Brenthurst Foundation).