Hope for growth despite possible tax increases
The expected announcement about increases in tax during the upcoming national budget speech will possibly tighten the belts around the waists of small and medium enterprise (SME) owners in South Africa. Ben Bierman the Managing Director of the Business Partners Limited, a local risk financier of the SME, says despite the expected tax increases there is still hope for growth among smaller businesses. He says that political stability will contribute to progression for SME-owners. Ben joins us in studio to discuss the possibility of growth for small and medium enterprises.