The prolonged lockdown in South Africa is having a negative impact on the economy, with a large number of businesses facing headwinds.
19% of businesses recently polled by Sakeliga expect to go bankrupt within the next month.
There are, however, businesses which are showing strong growth during the lockdown and COVID-19 pandemic.
Payspace MD Sandra Crous told MyBroadband they have experienced good growth amidst the lockdown.
Payspace provides easy-to-use cloud-based payroll software, which is a key component of managing staff payments in a work-from-home environment.
Source: MybroadBrand via CrudeMix