To achieve this, the government must prioritise prompt payments to SME contractors to ensure the businesses remain afloat and enable them to meet their civic obligation of paying taxes, which translates to more public revenues. Although the government has promised to ensure SMEs benefit from this transformative initiative, the need for proactive involvement cannot be gainsaid for them to effectively compete with multinationals and other global players. The government’s Big Four Agenda offers countless opportunities for small and medium enterprises (SMEs). Although the government has promised to ensure SMEs benefit from this transformative initiative, the need for proactive involvement cannot be gainsaid for them to effectively compete with multinationals and other global players. That highlights the need for SMEs to take advantage of the Big Four.

Source: Daily Nation March 14, 2019 22:30 UTC