By Trevor Gosling, CEO: Lulalend
So, what happens in a typical business day in South Africa? What are some of the main business activities that play out in the time it takes to process and approve a business loan application?
Here are some of the amazing things that take place on an average working day
• 7.8 million people get ready for work at 650 000 SMEs across the country
• 683 new SMEs are established
• 868 new SME jobs are created
• R11-billion in economic value is created
• 15 million minibus commuter trips take place
• 6 million people order coffee from an independent coffee shop
• R101-million is spent on online transactions
• 6.8 billion emails are sent and received


