Unpaid government bills causing untold harm to economy, says PSC
SMMEs face a huge threat by big corporate clients and government firms failing to pay them on time for goods and services provided
09 June 2021 - 18:07
The Public Service Commission (PSC) says the failure of government departments to pay suppliers on time has brought “untold harm” to the economy, with many businesses closing shop due to a lack of cashflow.
Failure to pay suppliers of services and goods has dire consequences for the sustainability of businesses, mostly small medium and micro enterprises (SMMEs)...
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