Tag Archives: grants

Corona Virus Lockdown: Devastating effect on the South African small and medium businesses, some sources of financial relief, but not small business friendly!

 

Since the Corona Virus Lockdown twelve days ago, I have received a flood of What’s App messages, having been added to a restaurant group (Hospitality Leadership) by a restaurateur. I have observed the concerned restaurant owners move from jumping to turn their businesses into take-away food delivery operations, until that door was closed to the industry; to keeping their staff paid and covering their own expenses by applying to the UIF and other Corona Financial support packages announced by the government; to looking into the future and making plans for their businesses reopening, even though not many are optimistic that it will happen on the 17th of April.

One of the pieces of information which the What’s App group members received was a summary of relief funding for small and medium enterprises. The details follow below. Continue reading →