“Everyone in the country from the President to the person in the street is talking about the SME sector as the backbone of the economy, engine of growth, it’s where the job creation is going to come from.
We say we need to create 100,000; 200,000, 500,000 jobs; actually what we should be saying is we need to create 100,000 new little enterprisers. That is where the focus should be because those are the ones who are going to create the jobs. Those are the challenges that will have to be addressed.”
A leading business consultant has called on authorities to shift focus away from access to finance for Small to Medium Enterprises (SMEs) to address other urgent problems facing the sector if it is to become the engine of economic growth that everyone wants it to be. SME Compete Director, Danny Meyer told The Economist on Wednesday, at the sidelines of the annual SME Expo which ends this Friday, that the expo provided an opportunity for policy makers to be told to focus on other challenges that are even more debilitating to SMEs.
He said: “It’s an opportunity to talk to policy makers so that they can see that there are other challenges that need to be addressed because I think access to finance has gone a long way.” To emphasise his
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