{"id":28342,"date":"2020-09-30T22:07:17","date_gmt":"2020-09-30T20:07:17","guid":{"rendered":"https:\/\/www.africa-press.com\/zimbabwe\/?p=28342"},"modified":"2020-09-30T22:07:17","modified_gmt":"2020-09-30T20:07:17","slug":"impact-of-covid-19-lockdown-on-micro-small-and-medium-scale-enterprises","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/impact-of-covid-19-lockdown-on-micro-small-and-medium-scale-enterprises","title":{"rendered":"Impact of Covid-19 Lockdown On Micro, Small and Medium Scale Enterprises"},"content":{"rendered":"<p>In less than four months, COVID-19 has upended almost all expectations for 2020. Beyond the loss of life and the fear caused by the pandemic, businesses around the world have faced disruptions at a speed and scale unprecedented in the modern era. Informal businesses and smaller firms in poor countries are disproportionately affected by COVID-19.<\/p>\n<p>SIVIO&#8217;s latest report presents results of a study conducted to assess the impact of COVID-19 on Micro, Small and Medium-scale Enterprises (MSME&#8217;s) in Zimbabwe. In particular, this report focuses on four thematic areas:<\/p>\n<p>The impact of the Zimbabwe lockdown at its peak (between 30 March and 31 May 2020) on business cycles and operations.<br \/>\nThe response of MSME&#8217;s to the directive to shut down and work remotely.<br \/>\nThe level of diversification and innovation generated by the new opportunities arising from the presence of COVID-19.<br \/>\nEfforts by MSME&#8217;s to stay afloat and recover from lost business during the lockdown.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In less than four months, COVID-19 has upended almost all expectations for 2020. Beyond the loss of life and the fear caused by the pandemic, businesses around the world have faced disruptions at a speed and scale unprecedented in the modern era. Informal businesses and smaller firms in poor countries are disproportionately affected by COVID-19. [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":20684,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4,8],"tags":[1279],"class_list":{"0":"post-28342","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-community","9":"category-head-lines","10":"tag-coronavirus-in-zimbabwe"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Impact of Covid-19 Lockdown On Micro, Small and Medium Scale Enterprises - zimbabwe<\/title>\n<meta name=\"description\" content=\"In less than four months, COVID-19 has upended almost all expectations for 2020. Beyond the loss of life and the fear caused\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/impact-of-covid-19-lockdown-on-micro-small-and-medium-scale-enterprises\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Impact of Covid-19 Lockdown On Micro, Small and Medium Scale Enterprises\" \/>\n<meta property=\"og:description\" content=\"In less than four months, COVID-19 has upended almost all expectations for 2020. 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