Survival of Rural SMEs During Covid-19 Lockdown in Southern Region of Kwazulu Natal
DOI:
https://doi.org/10.47577/ijitss.v2i.53Keywords:
methanol, hydrocarbon, ZSM-5Abstract
Many nations had implemented travel restrictions and movement bans as a result of 19 pandemic outbreaks. One of the industries in South Africa that is most immediately impacted by the movement's control order is rural small business. In actuality, smaller businesses are more significantly impacted than their larger counterparts. Due to the closure of numerous supporting industries including retail and transportation, entrepreneurs endure business cancellation or closure as well as loss of revenue. Studies on the effects of a pandemic epidemic on microbusinesses in underdeveloped nations, particularly with regard to business continuity and recovery plan, are still lacking.The research was conducted in Umzinto and Scortburgh town in Umdoni Municipality. The research recommended that government should be forced to refrain from implementing complete lockdowns. But if the government decides that lockdown is the only workable alternative, it must start financial support programs, such as emergency loans and suspensions of principal and interest payments.
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