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Telkom Business’s innovative approach to helping SMEs succeed needs to be seen in the broader context of the SA economy, which has failed to create jobs and economic inclusion.
Globally, SMEs are seen as the engine of growth and create the majority of jobs. In countries that belong to the Organisation for Economic Co-operation and Development, for example, SMEs create 60%-70% of employment — and up to 60% of GDP.
By contrast, despite making up 98.5% of the economy, SA SMEs only contribute 28% of the jobs, according to a report by the Small Business Institute.
“Digitalisation is one of the ways entrepreneurs can grow their businesses and create stable jobs — it’s vital for the country’s future that they do so.
“Back 2 Business is Telkom’s contribution, giving SMEs a solid foundation for a year of growth — against the odds.”
Whether you’re an entrepreneur on the move or looking to connect your office, Telkom Business will guide you with products that align with your business needs, while considering the SA economy climate.
Click here for more information.
This article was sponsored by Telkom.
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