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Status of Financial Literacy in South Africa

Financial literacy is one of the key factors that impact on the success of small and medium enterprises (SMEs) globally. The objective of this study is to understand the extent to which entrepreneurs in the SME sector pursue the financial literacy concepts, namely, budgeting, investing and borrowing in managing their business finances. The study also aims to establish the relationship between the use of financial literacy concepts and performance of the SMEs. 

Read more: The use of financial literacy concepts by entrepreneurs in the small and medium enterprise sector...

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