SMEs poised for massive gains

South Africa's hosting of the G20 summit has thrust the country onto the global stage, bringing thousands of delegates and a concentrated sequence of high-profile events.

- Tshehla Cornelius Koteli

For small and medium enterprises (SMEs), this moment is more than symbolic it is a chance to convert international attention into tangible opportunity.

Miguel da Silva of TymeBank notes that the Think20, Social20, and B20 summits, culminating in the leaders' summit, create a surge in demand for hospitality, accommodation, catering, transport, and tourism.

Beyond immediate revenue, these gatherings offer SMEs strategic networking opportunities and international visibility that could yield longer-term partnerships and export relationships.

The B20 summit, in particular, provides a rare platform for entrepreneurs to engage directly with policymakers and investors.

Yet opportunity is tempered by uncertainty.