Lifeline for SA's small businesses amid coronavirus outbreak

Small business development minister Khumbudzo Ntshavheni said the relief would be provided through a debt relief fund and business growth and resilience facility of the government.

Ntshavheni announced a facility that is expected to keep small and medium business enterprises afloat during this time. Sowetan understands that the fund and the facility are part of a R1bn package aimed at assisting small businesses. "All these interventions will be structured to match patterns of the SMMEs' cash flows, as well as the extent the impact suffered."

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