In a world of negativity, here's the real story for SMEs

AS A BUSINESS rooted in the South African SME ecosystem, we've never shied away from highlighting the risks and challenges that confront our market.

- 

Like many others, we've raised concerns about political volatility, power insecurity and infrastructure decay.

But in an age dominated by attention-grabbing headlines and short-term pessimism, it’s equally important, if not more so, to spotlight the real progress being made. Because beneath the noise, the truth is this: South Africa's conditions for small business growth in 2025 are stronger than they've been in years.

Why our small businesses are set to thrive

South Africa’s small and medium-sized enterprises (SMEs) are the backbone of the economy, contributing over 50% to employment and 34% to GDP.

In 2025, despite global and local challenges, the conditions for SME success have never been better. From renewed political stability and accelerating digital transformation to infrastructure reform and currency-linked global opportunities, we are entering a golden window for SME growth.

Stable politics, strong institutions

The May 2024 elections ushered in a Government of National Unity (GNU), led by the ANC and DA. This peaceful transition - rare not only in emerging markets but in global markets more broadly — was admirable, restoring investor confidence and accelerating long-overdue structural reforms.

The recent ruling reversing the VAT increase reinforced the strength of our democracy, while Operation Vulindlela continues to deliver real progress on logistics, energy and regulation.

For entrepreneurs and investors alike, in general find opportunity in adversity.

Resilience as a strategic advantage