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Supporting SMEs to navigate VUCA
Absa Business Banking Director Elizabeth Wasunna (left) with Melanin Kapital CEO Melanie Keita during the signing of a partnership on access to finance for women-owned and led SMEs. PHOTO | DIANA NGILA | NMG
Volatile. Uncertain. Complex. Ambiguous. Small businesses have experienced all these in the period commonly referred to as VUCA.
From the conflicts in Syria and Ukraine, the 2008 global financial crisis, to the 2016 Brexit referendum and the Covid-19 pandemic, businesses globally have suffered the brunt of global disruptions.
