COVID 19 has been declared a national disaster and it has since become clear that the effects will be catastrophic for the economy of the country. Both Government and private sector will suffer considerably but the effects will be far worse for SMMEs.
In an attempt to bring relief to the hit hard SMMEs, Government has introduced a relief fund to reduce the burden for SMMEs. The funds can be used to buy raw material, pay labour and other operational costs.
To be considered for the relief fund, applicants must be a South African citizens in the Free State. The relief fund is designed for the following categories; spaza shops, informal traders and black owned wholesalers.
All those qualifying are requested to register with Department of Small Business Development. To register, the following is required: Name of the business / owner, contact number and address. The information should be sent to the following email addresses:
The closing date to send all the required information is 26 March 2020.
