SA black business lobby wants govt loan scheme to include small scale entrepreneurs
South Africa's National Treasury said it had met with the Black Business Council over concerns that a R200 billion loan guarantee scheme is not benefitting small, medium and micro enterprises (SMMEs). Last month President Cyril Ramaphosa said the National Treasury, the South African Reserve Bank and commercial banks had jointly created a guaranteed loan scheme to help small and medium-sized businesses weather the economic storm caused by the Covid-19 pandemic. […]
