South African SMBs are working harder to adjust to rising costs
May 08, 2023
Despite high costs presenting a significant barrier for South African SMBs, the majority are confident about their business’ success in 2023.
Over a third (41%) say that ‘working more efficiently’ is increasing business confidence, the highest figure of any surveyed country.
Tech adoption is key to productivity and growth for SMBs in 2023, almost half plan to increase their investment in tech and are open to emerging tech like AI and robotics.
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