mall businesses are facing increasing challenges as the fourth wave of the pandemic looms. New statistics published by the Canadian Federation of Independent Business (CFIB) reports small businesses owe an average of $170,000 and that number almost doubles to $333,174 for businesses in the hospitality sector. “[Smal
Small businesses are facing increasing challenges as the fourth wave of the pandemic looms. New statistics published by the Canadian Federation of Independent Business (CFIB) reports small businesses owe an average of $170,000 and that number almost doubles to $333,174 for businesses in the hospitality sector. “[Small business owners] have been incredibly resilient. The fact that we’re now 17 months into the pandemic and there are some businesses that have been closed for more than 300 days in certain parts of the country, the ability for many of those to still reopen and operate and feel optimistic, is
inspiring,” adds Ms. Pohlman.
Analyse the current state of the South African business landscape and map a plan of action for businesses that considers the role of government intervention with the economic tools and policies available to them to mitigate the impact of the fourth wave. Be guided by the rubric provided below.
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