Minister publishes regulations for SMMEs

Tuesday, April 7, 2020

Small Business Development Minister Khumbudzo Ntshavheni has issued Directions for Small Micro and Medium Sized Enterprises (SMMEs) operating grocery stores, including corner shops, spaza shops and fruit and vegetable stores.

admin Wed, 04/08/2020 - 17:19

Businesses urged to apply to tourism relief fund

Submitted by admin on Wed, 04/08/2020 - 17:15

Tuesday, April 7, 2020

The Department of Tourism has encouraged eligible businesses to apply for the COVID-19 Tourism Relief Fund.

The R200 million Tourism Relief Fund has been established as an intervention to mitigate against the impact of COVID-19 in the tourism sector.

“We acknowledge the difficulties experienced by businesses during this time, hence the need to support the industry and communities to cope with the negative effects of this pandemic.

KZN comes to the aid of entrepreneurs

Submitted by admin on Tue, 04/07/2020 - 13:14

Monday, April 6, 2020

The KwaZulu-Natal province has created a One -Stop Business Portal to assist entrepreneurs to weather the wrath of the Coronavirus on the economy.

The portal, which can be accessed on www.tikzn.co.za/support-desk, is an initiative of the Department of Economic Development, Tourism and Environmental Affairs (EDTEA) through its entity Trade and Industry KZN.

The portal seeks to assist entrepreneurs log enquiries about their business during the COVID-19 lockdown.

Agriculture dept opens up to help small-scale farmers

Submitted by admin on Tue, 04/07/2020 - 13:04

Monday, April 6, 2020

The Department of Agriculture, Land Reform and Rural Development will from Wednesday, 8 April, accept applications from distressed small-scale farmers, who need financial relief from the impact of Coronavirus (COVID-19).

This follows last week's announcement of the R1.2 billion COVID-19 disaster fund intervention in the agricultural sector, as a response to assist small-scale farmers.

Social grant payments underway on Day 4 of lockdown

Submitted by admin on Mon, 03/30/2020 - 11:26

Monday, March 30, 2020

Social grant payments for the elderly and people with disabilities is in full swing as South Africa enters Day 4 of the 21-day lockdown to curb COVID-19.

In preparation for the lockdown, social security agency - SASSA - announced that grants for the elderly and people with disabilities will be paid from 30 - 31 March 2020.

The Social security agency’s decision to pay grants earlier is in response to the State of National Disaster, as announced by President Ramaphosa on 15 March 2020.

Treasury announces COVID-19 tax measures

Submitted by admin on Mon, 03/30/2020 - 11:21

Sunday, March 29, 2020

Finance Minister Tito Mboweni on Sunday announced exceptional tax measures to counter the impact of the Coronavirus (COVID-19) pandemic.

“The Minister of Finance has announced the following exceptional tax measures as part of the fiscal package outlined by President Cyril Ramaphosa on 23 March 2020 in his speech on the Escalation of Measures to Combat COVID-19,” said the Ministry of Finance.

Department announces details of relief fund for athletes, artists

Sunday, March 29, 2020

The Department of Sport, Arts and Culture (DSAC) has finalised the process to identify beneficiaries of a R150 million relief fund, set up to assist artists and athletes as a result of the COVID-19 pandemic.

admin Mon, 03/30/2020 - 11:15

Call for South Africans to work together in turning economy around

Submitted by admin on Mon, 03/30/2020 - 11:10

Saturday, March 28, 2020

Government has urged all South Africans to unite, remain positive and continue to work hand-in-hand to turn the economy around.

This comes after Moody’s decision to downgrade South Africa’s long term foreign and local currency debt ratings to ‘Ba1’ from ‘Baa3’ and maintain the negative outlook.

South Africa’s credit ratings by Moody’s are now one notch below investment grade.

Media reporting essential during lockdown period

Submitted by admin on Thu, 03/26/2020 - 14:00

Thursday, March 26, 2020

Minister in the Presidency, Jackson Mthembu, says government’s classification of media work as an essential service during the COVID-19 national state of disaster and lockdown is a measure to ensure South Africans and the international community have access to vital information during this time.

CIPC to grant essential service business operation approval

Submitted by admin on Thu, 03/26/2020 - 13:52

Thursday, March 26, 2020

All businesses that will be allowed to provide essential services during the 21-day COVID-19 lockdown will be required to seek approval from the Department of Trade, Industry and Competition (the DTIC).

This is in terms of the National State of Disaster gazetted regulations which were published on Wednesday by Cooperative Governance and Traditional Affairs Minister Nkosazana Dlamini-Zuma.