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New regulations to help financially distressed businesses gazetted - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Trade and Industry Minister Ebrahim Patel has signed new regulations that will allow commercial banks and shopping mall owners to help financially distressed businesses via SABCNews 21dayLockdown

Trade and Industry Minister Ebrahim Patel was addressing the media on Tuesday morning.

Trade and Industry Minister Ebrahim Patel has signed new regulations that will allow commercial banks and shopping mall owners to help financially distressed businesses amid the devastating impact of theAddressing the media in Pretoria, on Tuesday, Patel says the coordination will allow banks to share information and come up with payment holidays and debt reliefs for the affected parties.“Earlier, I spoke about measures we took in respect of the finance sector.

The cases of coronavirus in South Africa has risen to 554 and no reported deaths. They are two people who are in ICU. This was announced by Health Minister Dr Zweli Mkhize at a media briefing in Pretoria.President Cyril Ramaphosa announced a three-week national shutdown, starting at midnight on Thursday to help stem the spread of the coronavirus.

Mkhize: Public transport has 16 million people travelling per day excluding those travelling in their own cars.

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