OPINION | Ill-conceived virus rules create a dependency culture
While the government focuses on irrelevant issues, millions are rapidly losing hope as they become jobless
Despite many encouraging words from our president and hundreds of billions of rand aimed at assisting South Africans in recovering from the impact of the Covid-19 pandemic and subsequent economic crisis, we are still waiting. There is still no sight of the money; it certainly has not filtered down to township small, medium and micro enterprises (SMMEs).
It does not matter how positive you want to be when looking at this situation, the fact is that none of us saw this coming. We are still trying to dust ourselves off. As an entrepreneur and businesswoman, if I knew that six months later I would find myself in this situation, we would not have opened a third shop in Midrand (Gauteng).
But we had hope when the president made a passionate plea for banks and other government institutions to support SMMEs and entrepreneurs. The devastating part was that we did not anticipate all these major financial institutions would use normal lending practices when it is not business as usual anywhere in the world...