Scheme to help qualifying businesses affected by COVID-19, July unrest and floods kicks-in - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Scheme to help qualifying businesses affected by COVID-19, July unrest and floods kicks-in - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.
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There is good news for qualifying businesses that are recovering from the impact of the COVID19 lockdown, the unrest in July last year, and flood-related disasters.

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Government and lenders, including participating banks, are sharing the risk of the non-repayment of these loans.

Businesses will be required to repay the loan over a period of up to five years or a period agreed to by the lenders.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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