With the Government’s seven-day lockdown to curb the latest spike in coronavirus cases now in force, small business associations say the measure has been unsettling for the micro, small and medium-sized enterprises (MSME) sector which has felt the sharp end of it.
President of the Small Business Association (SBA) Michael Leckie told the Jamaica Observer that despite the need for such drastic actions, the sector, after 17 months, is still struggling to stay afloat.
“It was necessary for the Government to implement this measure and we understand, so it’s a tied balance between thinking about the economy and also the health of the nation. What you have now is that there is no commerce happening during this time and based on the fact that small businesses operate on a low margin, this really affects our bottom lines and there’s going to be a disruption in our sales and profits,” he said.
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