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GroFin unveils Small & Growing Businesses Fund backed by DGGF in South Africa

Job creation being a key priority of the Fund, Conradie highlighted that GroFin is keen on businesses that have the potential to create 10 – 50+ job opportunities, starting with companies that have fewer than 150 employees. Currently, research by economists.co.za shows that 65% of SMEs in South Africa create zero job opportunities, while just 9% create 20 jobs or more.