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PM Chastanet – ERRP Played Critical Role in Stimulating Economy Share this post: SAINT Lucia’s Economic Recovery and Resilience Plan (ERRP) played a critical role in implementing measures geared to stimulate the economy as the island ‘dug deep’ to stay afloat in light of COVID-19. While presenting the Appropriation Bill, this week, Prime Minister Allen Chastanet explained that three Recovery pillars and three Resilience pillars were utilized to strategise the ERRP program. The program covered 32 interventions under the ERRP to sustain those recovery strategies. He outlined a list of i...

Gov. Gboyega Oyetola of Osun, on Thursday, said the sum of N100 million has been set aside to boost Micro Small and Medium Enterprises (MSMEs) development in the state.

AfCFTA opens up scope for SA SMMEs and entrepreneurs - Ramaphosa By Given Majola Share DURBAN - President Cyril Ramaphosa warned South African entrepreneurs to be the first to penetrate the local market or else they would risk losing to their counterparts from other markets through the implementation of the African Continental Free Trade Area (AfCFTA). The president said that the AfCFTA opened up enormous scope for SMMEs and entrepreneurs. “We should see South African businesses trading with countries like Egypt, Senegal, Ethiopia and Sudan. SMMEs should penetrate these markets. They also ...

South Africa: Bill paves ways for legal service for small enterprises Government has gazetted the National Small Enterprise Amendment Bill 2020 in an effort to provide an ombud service that will assist small enterprises with legal issues. “Despite the critical role of small businesses in the economy and development objectives of South Africa, the Small, Medium and Micro Enterprise (SMME) sector remains vulnerable to exploitation and unable to utilise available legal remedies due to the prohibitive costs,” the Department of Small Business Development said. On Friday, Minister of Small Busi...