Studies have shown that SME’s are drivers of economic growth and job creation; driving innovation and getting social integration in most countries.
Through policies like the SME policy, the government of the day plans to follow examples set by economies like Malaysia, Taiwan and New Zealand who went from third world under developed countries into developed nations by developing their SME sector as their engine for growth.
In this episode of the show, senior editorial manager for the Oxford Business Group speaks to the acting Managing Director of the Investment Promotion Authority, Mr Clarence Hoot, about Small to Medium enterprises, their ease of conducting business as well as their challenges.
We also look at 2 case studies of successful SME’s, coconut connoisseur Ernestine Maxtone-Graham and her business, MaxtoneHaus, and family owned coffee business, Superior Coffee.