Failing government support scheme leaves spaza owners stranded

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Failing government support scheme leaves spaza owners stranded 🔒

The government's R175m scheme to support spaza shops and general dealers hit hard by the Covid-19-induced lockdown has failed many business owners, leaving some of them stranded.

Spaza shops are a key part of the township economy and are responsible for about 300,000 jobs. They contribute about R9bn to GDP annually and also play a key role in ensuring food security.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

 

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_The ripple effect of a blantant lying government.

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 /  🏆 12. in ZA

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