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PETALING JAYA: Employers want more time to implement the RM1,500 minimum wage on small firms, which should be done gradually to ensure that it will not hurt micro enterprises, says Datuk Dr Syed Hussain Syed Husman.
President Cyril Ramaphosa says both government and the private sector have a pivotal role to play, if the economy is to grow and employment is to be created.
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More than 60% of the people who start an informal business do so because they are unemployed and have no alternative source of income.
Small businesses and cooperatives are set to receive a major shot in the arm when the KwaZulu-Natal Provincial Government rolls out over R300 million funding to projects run by Small, Medium and Micro Enterprises (SMMEs) across the province.