HOW CAN RESTAURANTS SURVIVE A TOUGH ECONOMIC CLIMATE

Businesses in South Africa are grappling against the rising cost of living and the state of the economy. Even the country’s thriving foodie scene is taking a hit. Retail Capital, which provides funding to small and medium-sized enterprises (SMEs) across South Africa, has noted that many restaurants are taking loans to see them through trying times.

Karl Westvig, CEO of Retail Capital helps us understand this trend and how restaurants can survive it.