Home Business SMEs Emphasize Importance Of Sector’s Financial Access

SMEs Emphasize Importance Of Sector’s Financial Access

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By Nomthandazo Ndlovu

The Matabeleland Chamber of Small and Medium Enterprises says it is important for the government to ensure that small scale businesses have easy access to finance.

In an interview with Great Dyke news, the Matabeleland South Chairman Mr. Denny Nyathi said if SMEs have access and knowledge of accessing money availed by the government to SMEs will go a long way in reviving the economy.

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He also urged SMEs to adapt to the new normal brought by the Covid-19 as they have an important role to play in resuscitating the economy.

Last week the Reserve Bank of Zimbabwe allotted US10.7 million to Small to Medium Enterprises on the foreign currency auction, the first time it has disbursed such an amount to the sector in a single section.

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