Microenterprises

The private-sector council COHEP warns that rising fuel, energy, and input costs are accelerating company closures, with about 80% of microenterprises failing within five years and leadership transitions adding further risk.

Gremipe, the micro and small business association, warns that about 30,000 microenterprises have shut down nationwide so far this year, costing roughly 80,000 jobs, with power outages and rising production costs blamed for the closures.