South Africa's small and medium-sized enterprises are facing a growing crisis, not because of a lack of demand, but due to delayed payments from larger clients. With SMEs contributing nearly 60 percent of employment, experts warn that the ripple effects of late payments could have serious consequences for economic growth and job creation. Our reporter Lebogang Mabange has more.

South Africa's small and medium-sized enterprises are facing a growing crisis, not because of a lack of demand, but due to delayed payments from larger clients. With SMEs contributing nearly 60 percent of employment, experts warn that the ripple effects of late payments could have serious consequences for economic growth and job creation. Our reporter Lebogang Mabange has more.

Fast-paced news and current affairs updates, dealing with topical issues & breaking stories.

Fast-paced news and current affairs updates, dealing with topical issues &amp; breaking stories.

Africa Update

South Africa's small and medium-sized enterprises are facing a growing crisis due to delayed payments from big clients

Cameroon is stepping up preparations ahead of the upcoming visit of Pope Leo the 14th, with major construction and road rehabilitation works ongoing in towns he is scheduled to visit.The Holy Father will be in Cameroon from April 15 to 18 as part of an African tour that will also take him to Algeria, Angola, and Equatorial Guinea, marking his first trip to the continent. Moki Kindzeka reports from Yaounde, Cameroon

Cameroon is stepping up preparations ahead of the upcoming visit of Pope Leo the 14th, with major construction and road rehabilitation works ongoing in towns he is scheduled to visit.The Holy Father will be in Cameroon from April 15 to 18 as part of an African tour that will also take him to Algeria, Angola, and Equatorial Guinea, marking his first trip to the continent. Moki Kindzeka reports from Yaounde, Cameroon

Pope Leo the 14th to visit Cameroon from April 15 to 18 as part of an African tour

Chinese Ambassador to South Africa, Wu Peng, has emphasized the importance of stronger media cooperation between China and South Africa, saying it is key to improving mutual understanding and people-to-people relations. He was speaking to Channel Africa in Pretoria at the launch of the Sino-South Africa Media Club, aimed at boosting collaboration between the two countries' media sectors. Peng says the initiative will help promote accurate storytelling and support cooperation in trade, education, and investment, noting that direct exchanges between citizens remain limited despite strong diplomatic ties. On global affairs, Peng addressed the war in Iran, warning of its global impact, including rising energy prices affecting countries like South Africa, and reiterated China's call for respect for international law and the United Nations Charter. Channel Africa's reporter Micheal Mbewe spoke with Chinese Ambassador to South Africa, Wu Peng

Chinese Ambassador to South Africa, Wu Peng, has emphasized the importance of stronger media cooperation between China and South Africa, saying it is key to improving mutual understanding and people-to-people relations. He was speaking to Channel Africa in Pretoria at the launch of the Sino-South Africa Media Club, aimed at boosting collaboration between the two countries' media sectors. Peng says the initiative will help promote accurate storytelling and support cooperation in trade, education, and investment, noting that direct exchanges between citizens remain limited despite strong diplomatic ties. On global affairs, Peng addressed the war in Iran, warning of its global impact, including rising energy prices affecting countries like South Africa, and reiterated China's call for respect for international law and the United Nations Charter. Channel Africa's reporter Micheal Mbewe spoke with Chinese Ambassador to South Africa, Wu Peng

Chinese Ambassador to South Africa emphasises the importance of stronger media cooperation between China and South Africa

South African President Cyril Ramaphosa has established a ministerial task team to coordinate government's response to the economic fallout from the ongoing conflict in the Middle East, as rising global oil prices continue to drive up local fuel costs. This was revealed by Minister in the Presidency Khumbudzo Ntshavheni during a post-Cabinet media briefing in the capital Tshwane on Thursday. Escalating tensions involving Israel, the United States and Iran have disrupted global crude oil supply chains, placing further pressure on fuel prices in South Africa. Our report Innocent Semosa has the details 

South African President Cyril Ramaphosa has established a ministerial task team to coordinate government's response to the economic fallout from the ongoing conflict in the Middle East, as rising global oil prices continue to drive up local fuel costs. This was revealed by Minister in the Presidency Khumbudzo Ntshavheni during a post-Cabinet media briefing in the capital Tshwane on Thursday. Escalating tensions involving Israel, the United States and Iran have disrupted global crude oil supply chains, placing further pressure on fuel prices in South Africa. Our report Innocent Semosa has the details&nbsp;

South Africa's small and medium-sized enterprises are facing a growing crisis due to delayed payments from big clients

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