Covid-19: Small business development minister expected to announce R1bn support package

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The department of small business development is set to “unleash” an estimated R1 billion support package to assist small, micro and medium-sized businesses to produce more of the critical consumer goods needed for the effective control of coronavirus

The department of small business development is set to “unleash” an estimated R1 billion support package to assist small, micro and medium-sized businesses to produce more of the critical consumer goods needed for the effective control of the Covid-19 coronavirus and to manage possible supply shortages.

City Press has learnt that a media briefing was being planned for on Thurdsay at the Industrial Development Corporation’s offices in Sandton, during which Small Business Development Minister Khumbudzo Ntshavheni would present measures to help small businesses produce consumer items that are in high demand due to the virus, including toilet paper, masks and hand sanitisers.

A highly placed source in the department said: “The shelves are empty because of people buying in bulk, so we have to do something to boost production.”

 

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And those goods will be? The gravy train oiling it's wheels?

This will reward all the CR17 donors watch the space its just a name to say is for small business

Now we talking! Crises has everyone looking at solutions rather than obsessing with the problems. I’m loving it.

How? Always short on the details. Besides R1Bn is too little, we are tired of bread crumbs white feeding whites 100s of Billions.

Just another new slogan... while we small continue to struggle with unfair competition & market domination by forever funded White owned businesses

Are there black SMEs in manufacturin?

Sentletse here she is

This is not the first platitude there hv been million similar b4 and is NYDA still existing I mean that ANCYL pickie bank/money box?

More looting, wonder how much of this money will go to those that deserve it,

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