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The ongoing COVID-19 pandemic has placed immense pressure on South Africa’s economy, which was already struggling to correct its underperformance for some years.
Various public and private sector entities have released wide scale relief measures to help South African small to medium enterprises (SMEs) survive the COVID-19 business slowdown.
The financial consequences of the South African lockdown - caused by the Covid-19 infection which is currently sweeping the globe - are being immediately felt. Loss of earnings and the consequences on debt obligations are serious concerns which individuals are having to cope with right now.
COVID-19 is quickly changing how the global economy operates. As people’s behaviours shift and businesses implement remote work policies, it is up to organisations to take proactive steps to maintain as much operational continuity as possible.
The strongest deterrent against FSP compliance missteps is or should be: