Small business

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How the IDC is helping small businesses during COVID-19 pandemic

The impact of the coronavirus on all businesses coupled with the uncertainty as the country emerges from lockdown has been devastating for many small business owners. Some companies have been forced to take drastic measures, such as retrenching employees just to stay afloat. In light of the pandemic, The Industrial Development Corporation's (IDC) Head of Small Business Finance & Regions David McGluwa spoke to Khutso Theledi about their COVID19 funding […]

todayMay 29, 2020 13


Government to assist informal businesses during lockdown: Ramaphosa

President Cyril Ramaphosa has announced that additional measures are being developed to provide relief to self-employed individuals and informal businesses during the nationwide lockdown. On Monday he addressed the nation for the first time since the implementation of the lockdown which came into effect on March 26. Ramaphosa spoke about the loss of income of small business owners and informal traders and how they will be assisted during this time. […]

todayMarch 31, 2020 7