R300 million SMME crisis partnership fund for township-based entrepreneurs launched - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

It’s hoped that the two million township-based entrepreneurs, who are unable to access funding from formal banking institutions will benefit from the fund.

Gauteng Provincial Government, the Industrial Development Corporation, and SA SME Fund each contributed R100 million to the fund.

The township economy is largely sustained by small businesses, often lining up major routes. Access to funding for small medium and micro enterprises is generally hard to come by. They believe the availability of funds to SMEs will reignite the township economy and elevate it to respond to the current needs of society.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

And these funds are derived from? Trading Birth Certificates On Stock Exchange? BIS? IMF? WÉF, Vatican Bank? Or the Board / Directors / Members Of The NYSE Registered CORPORATION Of South Africa? There is No Legitimate Government! The So-called Legal Eagles Are SILENT! 🤔

More Precisely: From Central Banks ~ Rothschilds .. Who Continue Factional Banking Practices. Buying Support .. I guess it’s Election Time Again 👿 A T-shirt, Bag Of Pap, Sugar & Samp & Beans Trick No Longer Does It? Do they have to supply a Jâb Cêrtîfîćâte, as part of deal? 👿

Seda!? Etc Govt institutions are useless..

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:

 /  🏆 37. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines