Government spells out support for spaza shops during lockdown
Stores to benefit from an R500m fund to support small enterprises, but must meet certain conditions, including a willingness to buy locally made goods
31 March 2020 - 19:59
Small-business development minister Khumbudzo Ntshavheni has outlined the proposed package to support spaza shops during SA’s coronavirus lockdown period, including assistance in network purchasing or bulk buying, seed capital and access to business support tools such as bookkeeping.
Ntshavheni’s department is spearheading the R500m in government support directed at the nation’s small businesses, the sector of the economy expected to be hardest hit by the three-week lockdown...
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.