Ntshavheni said that her department had managed to get banks to agree to reschedule loans for mortgage funding and vehicle finance to support small businesses affected by the shutdown.
Only people selling fruits and vegetable, fishermen as mentioned by the minister of food industry and fishing [Barbara Creecy] will qualify for the fundThe minister of small business development said this while the economic cluster of ministers was updating the nation on economic matters as contained in the revised lockdown regulations on Friday.
She said that informal businesses – spaza shops, fruit and vegetables vendors and fishermen – would qualify for the relief fund, however they have to register with the department. Ntshavheni said that the same courtesy given to food retailers would be extended to informal businesses, in that no one would be subjected to Covid-19 testing before they traded.