Tag Archives: Small and medium sized enterprises

Digital-led with a human touch: The next era in small-business banking(Mckinsey)

To fend off the rise of digital attackers, banks must serve MSMEs better with a model that effectively blends the best of digital and AI with the personal touch of an advisor. Micro-, small, and medium-size enterprises (MSMEs) are the backbone of the global economy, accounting for more than half of global GDP, over 90 percent […]
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Top tech trends and predictions for small businesses in 2024(ITNA)

The pace of technological change is accelerating, reshaping every aspect of our lives, work, and leisure. Xero’s Future Focus research reveals that small businesses, despite facing challenges, remain optimistic about emerging technologies. However, a need for more education and resources to navigate this rapidly changing world is evident. As small business owners aim to leverage […]
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Power cuts are hurting small businesses in South Africa – but sharing resources and equipment might be a solution (Polity)

Worldwide, small and medium enterprises (SMEs) are seen as the backbone of a thriving economy. They make up a substantial portion of the total number of companies and are estimated to contribute over 87% of all jobs globally. A recent World Economic Forum report showed that major disruptions affect the value chain of SMEs significantly more than they affect larger enterprises. […]
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The impact of COVID-19 on SME financing: A special edition of the OECD financing SMEs and enterpreneurs scoreboard (OECD)

The OECD has just published the report “The impact of COVID-19 on SME financing: A special edition of the OECD Financing SMEs and Entrepreneurs Scoreboard.” The COVID-19 crisis has had a profound impact on SME access to finance. In particular, the sudden drop in revenues created acute liquidity shortages, threatening the survival of many viable businesses. The […]
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International compedium of entrepreneurship policies (OECD)

The OECD has just published: “International Compendium of Entrepreneurship Policies.”  It is increasingly understood that entrepreneurship plays a critical role in economic growth and well-being. But which policies can governments develop to release its benefits? This publication offers guidance and inspiration.  It identifies the range of entrepreneurship policies being pursued internationally, the problems the policies seek to […]
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