
SME optimism fades as confidence slips
Business Partners’ Q1 2025 SME Confidence Index finds early-year optimism has been eroded – driven chiefly by budget uncertainty, a R75bn revenue shortfall and global volatility.

Business Partners’ Q1 2025 SME Confidence Index finds early-year optimism has been eroded – driven chiefly by budget uncertainty, a R75bn revenue shortfall and global volatility.

Businesses faced a whirlwind year of challenges and opportunities in 2024. Business Partners has five critical strategies owner-managers can adopt to build resilient, future-proof businesses in this unpredictable environment.

Despite economic challenges, 81% of SMEs expect business growth in the next year, with confidence in the political landscape boosting optimism.

David Morobe, executive general manager for Impact Investing at Business Partners Limited, highlights some of the key findings from the latest quarterly SME Confidence Index.

Jeremy Lang, Chief Investment Officer at Business Partners Limited, provides a review of the SME sector in 2023, including key developments, challenges, and the outlook of the sector heading into 2024.