Fewer than 10,000 businesses helped by scheme intended to assist 700,000
10 August 2020 - 20:15
More than three months after launching a R200bn scheme to help businesses hit by lockdown keep paying rent and salaries, only R13.26bn or 6.6% has been paid out.
When President Cyril Ramaphosa announced the relief towards the end of April, he said: “It is expected that the scheme will support over 700,000 firms and more than 3-million employees through this difficult period.”..
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