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Kumaran Padayachee

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Kumaran Padayachee, CEO of Spartan SME Finance.- Research points to small businesses playing an important role in job creation – but only over time. It is only once an SME has reached the 20-employee mark or the 5-year mark that there is a positive employment effect.
-Established SMEs can create jobs in South Africa – the issue is that much attention and funding has been given to start-up accelerators when funding for high impact SMEs will help them reach the next level of growth. With 50 000 small businesses in SA – the potential is huge.

21 Nov 2019 5AM English South Africa Business News · Investing Gugulethu Mfuphi

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