Thabiso Sthembiso Msomi|Odunayo Magret Olarewaju|Xolani M. Ngcobo
Sustaining South African Small and Medium-sized Enterprises Through Monetary Access and Literacy in the COVID-19 ERA
Durban University of Technology|Durban University of Technology|Durban University of Technology
abstract research background monetary access literacy significant factors concern confronting survival sustainability small mediumsized enterprises purpose led paper seeking understand impact monetary access monetary literacy sustainability smes covid19 era research methodology method employed study quantitative research method supported positivism research paradigm data collected using questionnaire completed 310 sampled participants using statistical package social sciences analyse data descriptive pearson correlation regression analyses used estimate model results pearson correlation indicated positive significant correlation monetary access monetary literacy sustainability small mediumsized enterprises r 0564 result indicated small mediumsized enterprises possess basic monetary skills significant number small mediumsized enterprises understand basic monetary terms justifies lack monetary literacy novelty study recommends government agencies assist business registration include monetary training course part registration formalities study recommended government banks business support institutions simplify support programmes prosperity small mediumsized enterprises post covid19 pandemic