The small business sector in South Africa plays a significant role in the national economy, with government’s National Development Plan looking to small-, medium-sized and microenterprises (SMMEs) to create 11-million jobs and help drive economic growth, project delivery company Worley project portfolio manager Gladwin Mfolo said on Friday. According to the SMME landscape report for 2018/19, the SMME landscape is made up of relatively young businesses, with about 60% of small businesses having been in business for less than three years.
