COVID-19 and the ensuing national lockdown has had a dramatic effect on all spheres of South African society, but small and medium-sized enterprises (SMEs) – especially those in the service sector – have been particularly hard hit. These SMEs, however, are also the fastest creators of new jobs, and could underpin the country’s much-needed economic recovery.

This is according to Tanya van Lill, CEO of the Southern African Venture Capital and Private Equity Association (SAVCA), who...