Finance minister Enoch Godongwana on Wednesday announced the launch of a R20bn business “bounce-back” programme to support small and medium enterprises (SMEs) that are in financial distress as a result of the Covid-19 pandemic.     

The bounce-back programme is a new version of the R200bn loan guarantee scheme announced by President Cyril Ramaphosa as part of the R500bn stimulus package at the onset of the Covid-19 pandemic in 2020...

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