SECOND WAVE OF RELIEF FOR SMALL BUSINESSES

annuounce2020

MEDIA RELEASE

24 May 2020

FOR IMMEDIATE RELEASE

DEPARTMENT OF SMALL BUSINESS DEVELOPMENT ANNOUNCES SECOND WAVE OF SUPPORT FOR ENTERPRISES BASED IN TOWNSHIPS AND VILLAGES

The Minister for Small Business Development, Ms Khumbudzo Ntshavheni announces the second-wave of support for informal, micro and small enterprises including cooperatives based in townships and villages, in addition to the Spaza Support Scheme. The dedicated support programmes for township and village-based enterprises are in line with the Department’s Township and Rural Entrepreneurship Programme (TREP) that was approved by Cabinet in February 2020. “With the re-opening of the economy, the township and village economies require special focus if government is to achieve the aspirations of the new economy post-Covid-19 which were clearly articulated by President Cyril Ramaphosa”, Min Ntshavheni said.

 

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