Mike and Bunny discuss the NSBC‘s Prompt Payment Code and how this initiative aims to make a difference in small businesses all over South Africa. Mike explains that “We see SMEs going out of business every day, in many cases due to cash flow as a result of late or non-payment. Prompt payment is vital to the cash flow of every business, and especially to smaller businesses. The Prompt Payment Code is about encouraging and promoting best practice between government, larger organisations and their SME suppliers.”
Listen to the full interview here:
Tune into Business with Bunny on HOT 91.9 FM every Tuesday at 15:10.