Government is planning to help small businesses hit by the coronavirus outbreak. But owners will have to prove a direct link between the challenges faced and the virus. For more on this we're joined by the small business minister Khumbudzo Ntshavheni. Courtesy #DStv403
JOHANNESBURG - Government is providing some financial relief for small businesses affected by the COVID-19 outbreak.
The assistance is for South African owned businesses that appoint a majority of locals.
Minister of Small Business Development, Khumbudzo Ntshavheni said government has put an additional debt relief facility for the small business sector because its one of the hardest hit.
Coronavirus In SA: DA proposes loan break
“We've put in a facility for a national debt relief facility for small businesses in sectors such as the as hospitality...We are focusing on South African nationals...we want to do interventions, helping with repayment either with their mortgage, vehicle or whatever else they want assistance with,” said Khumbudzo Ntshavheni, Minister of Small Business Development.
Coronavirus In SA: More than 60 percent of people will be infected
Ntshavheni said a monitoring team will trace the progress of how payments will be made and avoid red tape.
All businesses seeking assistance must register on the SMME South Africa portal at www.smmesa.gov.za, which will open on 24 March.
- Coronavirus Hotline Number: 0800 029 999 from 8am to 4pm, Monday to Friday
Help protect your loved ones by sharing this official South African government COVID-19 service with your family, friends and community.
Send HI to 0600 123 456 on WhatsApp.
The NICD has another Clinician Hotline to improve #COVID19 communication and support for healthcare providers. The Clinician Hotline is 0800 11 1131, operating 24 hrs. The Public Hotline is 0800 029 999 also operating 24hrs.