BUSINESS PARTNERS – Small businesses urged to ‘go solar’ following the 2023 Budget Speech

GUEST – Jeremy Lang - Chief Investment Officer at Business Partners Limited<br /> <br /> <br /> <br /> If anything, the 2023 Budget Speech revealed it was that devising a targeted plan to solve South Africa’s ongoing energy crisis remains the government’s top priority. The immediate future will see a concerted and collective focus on bringing together the public and private sectors in a bid to fuel the clean-energy transition and end loadshedding.<br /> <br /> <br /> <br /> For small businesses looking to ride this wave on the path to post-pandemic recovery, the key is to “go solar”. This is the opinion of Jeremy Lang, Chief Investment Officer at independent small- and medium-sized enterprise (SME) financier, Business Partners Limited. Prior to the Budget Speech, Lang aired hopes that “large-scale interventions” would be on the cards for the small business sector in the form of much-needed relief measures. In light of the almost single-minded focus on boosting embedded generation efforts through various fiscal measures and policy reforms, this year’s speech delivered little in the way of SME-specific relief. It did, however, propose several measures that speak to the urgent need for government to address the resounding impact that rolling blackouts have had on small businesses. <a href="http://www.kayafm.co.za/">Kaya FM </a>