THE YEAR SMALL BUSINESSES SUFFERED
running a small-, medium- or micro-enterprise (SMME) in South Africa has been an extreme sport for a few years now. Local SMMEs have been contending with a myriad of hurdles. Operating in a sluggish economy, lack of funding, crime, little or debilitating infrastructure, over-regulation in the form of bureaucratic burdens, labour market rigidities and the scarcity of skills are some of the factors that limit innovation, among many other things.
When SA-born Tesla and SpaceX founder Elon Musk shot up to being the
