SMEs swamped with myriad business challenges

(CNS Business): The high rate of duty, problems of bad debt, the black market, training challenges, as well as the cost of doing business were just some of the issues that small business owners said they are struggling with at a special session at the Chamber of Commerce last week. A representative from an arm of the European Union looking to spend as much as EUR15 million in the overseas territories helping the small business market told guests at the event that the money could be used to promote any number of projects, initiatives or advocacy programmes relating to small enterprises but it was an “on demand project” and down to locals to decide what they wanted. Read more on CNS Business

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