Tourism SA allocates R200 million for small businesses affected by COVID-19 - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Tourism SA allocates R200 million for small businesses affected by COVID-19

Ntshona says to qualify for the fund businesses should not have a turnover of more than R5 million per annum and have been in business for at least one year.

Businesses asking for relief will also be assisted by SA tourism on a case-by-case basis. SA tourism says they are already receiving thousands of applications and will only accept online applications.“The fund itself is actually a grant and its targeting the survivalist SME if I can put it like that. It is capped at R50 000 per application. So, businesses that are struggling before and had other issues, those would not qualify.

 

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For sure there are people who are already looking sharply to the money for their own bellies to get full, while their bellies are already full!!!

I saw an ad yesterday. It referred to BEE.

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