Declining SMME index indicates narrowing entrepreneurial supply base
The Absa SMME index declined during Q1 2014, with a total quarterly decrease of 2.2% and a yearly decrease of 3.8%. The index declined to a two-year low in Q4 2013 (from 95.6 to 93.4). Although South Africa has not yet entered a recession, the overall index clearly reflects slower growth over the last […]
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