40,000 informal traders to each get R1,000 Covid-19 relief: here's how to check if you qualify

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South Africa Headlines News

Small business development minister Khumbudzo Ntshavheni has called on informal traders whose businesses have been impacted by Covid-19 to apply for funding of R1,000.

The department has introduced initiatives to help small businesses since SA went on lockdown, including the township and rural entrepreneurship programme .

“The focus of the Trep is to support enterprises based in townships and rural areas, and also micro and informal businesses, to restart, rebuild and improve their businesses as part of the reconstruction and recovery of the SA economy,” said the minister.” aimed at servicing the debt of small business owners affected by the pandemic. Ntshavheni said business owners needed to prove their businesses were directly affected by the pandemic.

“Government understands SMMEs will be affected on two levels: as businesses when the economy slows down, and as suppliers of products and services during this period,” she said.o mitigate the impact during the expected economic slowdown, the department is finalising the SMME support intervention comprising the debt relief fund and business growth or resilience facility.”

 

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🤣

Mxm even today we still chasing R350 at SASSA 🤔🤔 I wonder if the poor lads will get it....

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