Articles

Nedbank Covid-19 Relief

Nedbank’s relief measures for our individual and small-business clients, including information on payment holidays, the newly announced SA Future Trust Fund for SMMEs, and other Nedbank debt relief actions, can be found on https://www.nedbank.co.za/content/nedbank/desktop/gt/en/info/campaigns/nedbank-covid19-page.html
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Fraudulent Website Warning

Media StatementFor Immediate ReleaseTuesday, 31 March 2020 SCAM ALERT! MINISTER NTSHAVHENI WARNS AGAINST FRADULENT WEBSITESSOLICITING INFORMATION FROM SMME UNDER THE PRETEXT OF PROVISION OF SUPPORT The Department of Small Business Development (DSBD) has recently learned of a company named RR Creations Solutions that issued a statement offering an opportunity to SMMEs in the Essential Goods…
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UIF has R30bn available for Covid-19 income support to laid-off workers

The Unemployment Insurance Fund and the Department of Employment and Labour have launched the new Covid-19 temporary employee relief scheme, which will provide funds to distressed companies unable to pay the full salaries of workers they permanently laid off or sent home temporarily due to Covid-19 and the shutdown. From April, the government is bracing…
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Oppenheimer Trust Will Make Loans Available To SMMEs From 3rd April 2020

The South African Future Trust (SAFT), established by Nicky and Jonathan Oppenheimer, will make funds available to South African businesses impacted by the coronavirus from 3 April 2020. Nedbank said that it will help facilitate the distribution of loans to small businesses on behalf of SAFT. “The main aim of the SAFT is to mitigate…
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