Do SMMEs play a role in the South African economy?

SMME Statistics in South Africa According to the National Treasury Research on SMMEs (2008) South Africa has an estimated 2.8m small, medium and micro enterprises (SMMEs) which contribute 52%-57% of GDP. SMMEs also provide about 60% of jobs, and contribute more than 40% of the country’s total remuneration. This means that SMME’s in South Africa […]