Government Interventions to Ameliorate COVID-19 Recession: The Case of Small, Micro, and Medium Firm’s Survival in South Africa

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dc.contributor.authorZhou, S.
dc.contributor.authorChimucheka, T. 0000-0003-1445-6351
dc.contributor.authorAyandibu, A. O
dc.contributor.authorMasuku, M. 0009-0001-6844-2812
dc.date.accessioned2026-02-23T22:32:41Z
dc.date.available2026-02-23T22:32:41Z
dc.date.issued2022-12-07
dc.description.abstractThis paper analyzes the impact of government economic interventions to ameliorate the COVID-19 pandemic on the survival of small, micro, and medium enterprises (SMMEs) in South Africa. We use the Cox Proportional Hazards approach and cross-sectional data from King Cetshwayo District Municipality covering 641 SMMEs. The study finds that tax relief was the most important intervention used to sustain SMMEs during the pandemic. Other interventions, such as cash grants and cheap credit, were also used during the period but had a small impact. Our findings support the interventions used by the South African government in mitigating the negative consequences of the pandemic-induced lockdown on small businesses. However, we also note that the magnitude at which the interventions were made could have been lower than what is optimal. The paper recommends the need to increase and have sustainable targeted expenditure during the difficult times to enhance the resilience of SMMEs to accelerate economic development and growth.
dc.identifier.citationChimucheka T;Zhou S; Ayandibu A; Masuku M (2021): Government Interventions to Ameliorate Covid-19 Recession: The Case of Small, Micro, and Medium Firm’s Survival in South Africa: Journal of International Commerce, Economics and Policy,14(1). DOI: 10.1142/S1793993323500059
dc.identifier.issn1793-9941
dc.identifier.urihttp://hdl.handle.net/20.500.11837/3811
dc.language.isoen
dc.publisherWorld Scientific
dc.subjectCash grants
dc.subjectCOVID-19 pandemic
dc.subjectgovernment intervention
dc.subjectSMMEs survival.
dc.titleGovernment Interventions to Ameliorate COVID-19 Recession: The Case of Small, Micro, and Medium Firm’s Survival in South Africa
dc.typeArticle

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