Kenyan suppliers are blacklisting supermarkets that default on payments for deliveries © Getty Images
Kenyan suppliers are blacklisting supermarkets that default on payments for deliveries © Getty Images

Large firms commit to pay SME suppliers in 30 days

19 November 2020

More than 50 large companies in South Africa have formally committed to paying SME suppliers in 30 days to help small suppliers survive the economic crisis caused by the Covid-19 pandemic.

The #PayIn30 initiative has been spearheaded by Business for South Africa (B4SA), the SA SME Fund, and Business Leadership South Africa (BLSA).

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