{"id":4545,"date":"2021-10-13T06:07:17","date_gmt":"2021-10-13T06:07:17","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/sme-mauritius-study-93-of-micro-small-and-medium-sized-enterprises-have-a-cash-flow-problem"},"modified":"2021-10-13T09:42:11","modified_gmt":"2021-10-13T09:42:11","slug":"sme-mauritius-study-93-of-micro-small-and-medium-sized-enterprises-have-a-cash-flow-problem","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/sme-mauritius-study-93-of-micro-small-and-medium-sized-enterprises-have-a-cash-flow-problem","title":{"rendered":"SME Mauritius study: 93% of micro, small and medium-sized enterprises have a cash flow problem"},"content":{"rendered":"

Africa-Press<\/a> – Mauritius<\/a>. <\/strong><\/span>The second lockdown has exacerbated the distress of most micro, small and medium enterprises (MSME). As a result, the majority of them have had to review various aspects of their operations.<\/p>\n

However, 88% of MSMEs managed to stay in operation during the second lockdown \u201d. This is what reveals a study entitled “Impact of second lockdown on MSMES in Mauritius”, published on Monday, October 11.<\/p>\n

“Carried out by SME Mauritius, the main objective of this analysis is to assess the difficulties of companies during the second lockdown. The research was conducted through questionnaires with a sample of 596 micro, small and medium enterprises in various sectors in Mauritius.<\/p>\n

The results will help design future interventions based on the needs of MSMEs as well as tailor the support expected from government, \u201dit says. This document also reports that 89% of the participants did not lay off any employees.<\/p>\n

According to this study, the majority of micro, small and medium enterprises have had to review various aspects of their operations. \u201cRegarding business continuity, 88% of those surveyed were active during containment, either on site or teleworking.<\/p>\n

The Information and Communication and Education Services sectors seem to have been able to ensure the continuity of their remote services. 2% of those surveyed plan to shut down temporarily or permanently, \u201dnote the study’s authors.<\/p>\n

Cash flow issues
\n\u201cIt can also be noted that 93% of those questioned said they had cash flow problems and were in urgent need of external injections of funds to strengthen their recovery capacities.<\/p>\n

Another highlight: 12% of participants said they had stopped their operations during the pandemic due to the closure of the Mauritian borders. These mainly come from the hospitality and tourism sectors and a small part of the textile industry. Another finding: 81% of participants said they would need some level of external funding to relaunch their operations, \u201dthe document said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mauritius. The second lockdown has exacerbated the distress of most micro, small and medium enterprises (MSME). As a result, the majority of them have had to review various aspects of their operations. However, 88% of MSMEs managed to stay in operation during the second lockdown \u201d. This is what reveals a study entitled […]<\/p>\n","protected":false},"author":84,"featured_media":4544,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,6,7,8,16],"tags":[233,245,241,967],"class_list":["post-4545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-files","category-head-lines","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mauritius","tag-mauritius","tag-msme"],"yoast_head":"\nSME Mauritius study: 93% of micro, small and medium-sized enterprises have a cash flow problem - Mauritius<\/title>\n<meta name=\"description\" content=\"The second lockdown has exacerbated the distress of most micro, small and medium enterprises (MSME). 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