SA’s R350bn SME funding gap

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The R350bn funding gap for small businesses in SA is the focus of this edition of Business Day Spotlight. 

Host Mudiwa Gavaza is joined by Jaco van Jaarsveldt, chief strategy and innovation officer at Experian SA. 

Through the discussion, Van Jaarsveldt underscores the findings of the study; the methodology used; size of the SME funding gap in SA; drivers of this challenge; and ways to improve the status quo. 

The report found that MSMEs are “the backbone” of the country’s economy, accounting for 40% of GDP and employing more than 60% of the nation’s workforce. 

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4 Jul 2025 English South Africa News

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