Financial drip feeding is perhaps the best way to describe the Covid-19 financial aid schemes we have had so far.
The R200m loan guarantee scheme, targeting small and medium-sized enterprises (SMEs), was given to banks to deliver. The underwhelming take-up earned them an unflattering mention by the president. Nothing much is publicly known about the second business aid package, the R175m allocated to the spaza shop and general dealer support scheme, except that there seem to be few beneficiaries...
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