Local SMEs face extinction threat from foreign competition
Small businesses in Eswatini are struggling against foreign competition and increasing costs. Limited access to financing is also threatening their survival. Dr George H. Choongwa of the Southern African Research Foundation for Economic Development warned that these factors could hinder economic growth.
MBABANE – Local small businesses in Eswatini face growing threats from foreign competition, rising operating costs and limited access to finance, raising concerns about their survival and contribution to economic growth. This warning has been raised by Economist Dr George H. Choongwa, Coordinator at the Southern African Research Foundation for Economic Development (SARFED), who argues […] The post Local SMEs face extinction threat from foreign competition appeared first on Times of Eswatini .