State’s small business Covid-19 fund needs billions more
SMMEs need another R4.4bn as applications far outweigh the funding already used, says the department of small business development
22 May 2020 - 15:13
The first tranche of government money set aside to support small businesses through the Covid-19 crisis is now fully subscribed, but applications for help far outstrip the money available
The department of small business development announced on Friday that the first window of its small, medium and micro-enterprises (SMME) debt relief scheme will close on May 23, having approved 1,497 applications for support worth R513m...
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