Kwalholhi Spaza Shop in Samora Machel township near Phillipi, could be one of the beneficiaries of the businesses to benefit from the R500 million fund availed by government. Picture: Henk Kruger/IndependentNewspapersJustice Minister Thembi Simelane has announced government will establish a R500 million joint fund to support township and rural businesses, including spaza shops.
“In the short term, approved rural and township businesses will be supported through this fund to improve their infrastructure, regulatory compliance and capacity building,” she explained. The Minister said in order to qualify for the fund, a business owner must be a South African citizen operating within the borders of the country and serving local communities.
“The Department of Small Business Development has started a process to create a nerve centre with geo-mapping capacity to centralise data on the“A national database of registered small businesses and spaza shops will strengthen our capacity to regulate the sector and to ensure effective compliance to avoid the recurrence of future outbreaks”.President Cyril Ramaphosa said that all spaza shops in the country must be registered within 21 days.
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