Category: Pharmaceuticals industry

Local SMEs remain resilient despite instability

Skynamo Industry Thermometer

Small and medium enterprises (SMEs) are essential to the economy’s health and predicted to lead an economic recovery post-COVID. However, many of these businesses are fighting to keep their doors open since the onset of the pandemic, with 89% impacted by the recent rioting and looting in KwaZulu-Natal and Gauteng, according to research by BeyondCovid. Positively, the latest data by Skynamo’s Industry Thermometer for July 2021 reveals that the political turmoil did not have as big an impact on sales as expected.

Confidence is up and Buying is Back, Industry Sales Data Indicates

Confidence is up and Buying is Back, South African Industry Sales Data Indicates

Aggregated monthly sales data from over 600 South African companies reports that 20 business sectors outperformed the pre-Covid first quarter of 2020.