JOHANNESBURG, July 23 (Xinhua) -- South Africa hosted the inaugural Global Small and Medium Enterprises (SME) Ministerial Meeting at a time of mounting challenges for small businesses, marked by disrupted supply chains, shifting geopolitics, and rising protectionism, according to the country's business minister.
"Global value chains are undergoing rapid changes, with rising trade protectionism posing a threat to markets for micro, small and medium enterprises (MSMEs), especially in developing and less developed countries," Minister of Small Business Development Stella Ndabeni said on Wednesday.
