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Entrepreneurs facing significant challenges amid Covid-19 pandemic

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The Covid-19 pandemic has intensified South Africa’s economic challenges, with entrepreneurial businesses being more susceptible to succumb to a depressed trading environment, a new report published on June 8 has found. 'Global Entrepreneurship Monitor South Africa (GEM SA) 2019/20 – Igniting startups for economic growth and social change' report co-author Angus Bowmaker-Falconer says business earnings have been impacted by Covid-19 and that further job losses are likely.

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