Start-Ups Struggle to Sustain Business

SMMEs seek transparent financial support

For Maria Enivah Monyeki, the founder of M-Rock Stone Trading, the economic challenges in small Mpumalanga towns like Digwale, KwaMhlanga and Siyabuswa are deeply personal. As a director and founder of the manufacturing business, she has witnessed first-hand how a struggling local economy can limit growth and opportunity. Thus, the Mpumalanga government’s recent pledge of over R11 million to support struggling SMMEs has sparked both hope and con…

Start-ups struggle to sustain business

Budding small and medium enterprises (SMEs) are struggling to grow their ventures despite promising potential largely due to various challenges, Business Review has established. Speaking in interviews on Tuesday, some start-ups currently showcasing their products at the 35th Malawi International Trade Fair in Blantyre,cited lack of capital, markets and supply chain disruptions as some of the major challenges affecting their growth. Chimbale Busi…