5 Entrepreneurs share how Covid-19 affected business: “I’m flat broke”

5 Entrepreneurs share how Covid-19 affected business: “I’m flat broke”

In light of the impact of the lockdown on the national economy, Briefly.co.za reached out to entrepreneurs to gauge how their businesses have been affected.

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South Africans have already been feeling the pinch as a result of the nationwide lockdown.

The restrictions has already had a huge impact on our economy and many will be left unemployed.

In light of the economic challenges, Briefly.co.za reached out to local business owners to see how they've been impacted and what actions they've taken.

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Our social media poll made for some gloomy reading, as many revealed their woes.

Based on the feedback, numerous entrepreneurs are struggling to see the light, but there are some who are still thriving.

At least one businessman alluded to the use of online tools to generate alternative sources of income.

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Barocka Tebogo said,

"I'm flat broke. Say something about road Accidents Fund settlements."

Ma B Sontundu added,

"Its bad coz people only make money by selling vegetables and fruits in the streets the food stores are expensive, helping and uniting the South Africa we live for #TOGETHER we strong. #TOGETHER we can overcome Covid19. #We are MZANSI. #We are ONE."

Kelello Molapo explained,

"We produce seasonal vegetables and our only market is supplying street vendors and because they are locked down our business is going under."

Lerato Mamabolo added,

"Very badly we have a beer business & food business but its hard money is not coming at the food business."

Lungi Madlanga has opted for the digital approach:

"Online hustle is keeping me afloat."

Meanwhile, Briefly.co.za also reported that Freda Obeng-Ampofo, the owner of a Ghanaian cosmetics company, Kaeme, has opened up about challenges in businesses following the outbreak of the coronavirus.

She explained that the situation has compelled her to adopt innovative business strategies to keep her operations going.

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Source: Briefly.co.za

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