State to expand support for small businesses across the board
Companies do not need to be majority black-owned to qualify for support, says minister of small business development Khumbudzo Ntshavheni
25 March 2020 - 05:10
As the country prepares to shut down for three weeks, the government is implementing a range of measures from tax deferrals to targeted funding for distressed businesses, in the hope that SA firms can weather the onslaught of the coronavirus.
The details outlined by ministers on Tuesday follow President Cyril Ramaphosa’s announcement of a nationwide lockdown to slow the spread of the disease and prevent overwhelming the country’s health system...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.