13-07-2025
Saving can help companies prosper
JOHANNESBURG - July is National Savings Month and a time to reflect on our money habits.
This is especially important for small businesses, many of which fail because of poor financial reserves.
SMEs in South Africa are particularly vulnerable to the hardships the economy faces.
Brent Downard, Head of Credit Risk at Merchant Capital, says businesses should stop viewing savings as a luxury.
