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…
Please find attached hereto the recently updated amendments made to the COVID-19 Lockdown Regulations as issued by the Department of Cooperative Governance and Traditional Affairs. Download the Amendments Read the Amendments below:If you don’t see the document, please try reloading the page [F5]
(Via SACCI) On 26 March 2020, the Department of Transport issued out a directive that detailed measures that were to be undertaken to prevent and combat the spread of COVID-19. Please find attached hereto the regulations as well as their amendments as issued by the Department of Transport on 31 March 2020. Download the Regulations…
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…
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…
FREE WEBINAR SPONSORED BY ABSA The Effects of Covid-19 on South African SME’s 1st April 2020 – 12h00 About the Webinar In this webinar, Daily Maverick journalist, Ray Mahlaka will be in conversation with the CEO of Small Business Institute, John Dludlu and Absa’s Deputy CEO for Retail and Business Bank, Bongiwe Gangeni to discuss the various effects that the spread of…
The disruption brought on by the Coronavirus Disease 2019 (COVID-19) has left many small-and-medium enterprises (SMEs) across the world uncertain about their future. Couple this with a low growth environment, South Africa entering a technical recession, and the country’s ratings downgrade to sub-investment grade by Moody’s on Friday, local SMEs have been dealt a particularly…
COVID-19 SMME INTERVENTION MEASURES SMME RELIEF FINANCE SCHEME This facility is a Soft Loan Facility, aimed at assisting existing businesses in order to keep them afloat during the COVID-19 pandemic for a period of 6 months, from April 2020. BUSINESS GROWTH AND RESILIENCE FACILITY This facility will fund SMMEs who Produce or Supply health care…
Many people feel that they can protect themselves against COVID-19 (Coronavirus) by wearing personal protection equipment (PPE) such as gloves and masks as a precaution. The Head of the Western Cape Health Department has issued an appeal to the general public of the province to not wear gloves and masks, due to the risks these…
The Covid-19 pandemic has required a rapid response from all parties in South Africa, including business. Since the lockdown announcement, there have been many important questions that require urgent answers. As such, attached is a Q&A which constitutes our expectations as to how the business lockdown will take effect. It is not an official document, but…
It is understandable that business owners feel panicky because of the toll Corona is taking on business income. However, many businesses realise that if they implement wholesale retrenchments they will not only lose valuable skills but will also reduce the buying power of the public. This would then further reduce the business’s ability to earn…
Items ranging from toilet paper to meat now come with price controls, and any retailer that hikes the prices of those items unduly could be in for a fine of R1 million, or up to 12 months in prison. But if you think someone is trying to profiteer, don’t phone the police. The SA Police…
The Department of Small Business Development has introduced relief mechanisms for SMME’s impacted negatively by the COVID-19 Pandemic. Below please find mechanisms, criteria and processes to be completed: SMME Debt Finance Relief SMME Business Growth Resilience Facility
DEPARTMENT OF TELECOMMUNICATIONS AND POSTAL SERVICES Vol. 657 26 March 2020 No. 43164 5.1.4 All Internet sites operating within .zaDNA top level domain name must have a landing page with a visible link to https://sacoronavirus.co.za/ Download Government Gazette No. 43164
You can watch an interview with Business Day (25 March 2020) on how government will assist small businesses. Here is the link. https://www.businesslive.co.za/bd/national/2020-03-25-watch-how-government-will-help-small-businesses/
Information on this page courtesy of SA Business Hub Small business owners can call 0860 663 7867 or email info@dsbd.gov.za to find out what kind of government support they qualify for during the lockdown. Small businesses in SA can now register for help during the coronavirus disaster Registration is now open, on www.smmesa.gov.za, for small…
MEDIA RELEASE DATE: 25 MARCH 2020 MINISTER PATEL ANNOUNCES ESSENTIAL SERVICE APPLICATION PORTAL The Minister of Trade and Industry, Mr Ebrahim Patel has announced that all businesses that will be allowed to provide essential services are required to seek approval from the Department of Trade, Industry and Competition (the dtic) in order for them to…
25 March 2020 The Executive Mayor of the City of Johannesburg, Cllr Geoffrey Makhubo, today, 25 March 2020, convened an urgent Mayoral Committee meeting as a response to the pronouncements of President Cyril Ramaphosa pertaining to the escalation of the government’s response to COVID-19. As announced by the President, the nation will be on lockdown…
The regulations which govern the lockdown in terms of the Disaster Management Act, 2002 There is a download link for the PDF document below.If you don’t see the document, please try reloading the page [F5]
24 March 2020 @14:00 A 21-day national lockdown has been declared. The lockdown will begin on the evening of Thursday 26 March 2020 at 23:59. The lockdown will remain in force for 21 days. All South Africans will have to stay at home until midnight on Thursday 16 April 2020. The categories of people exempted…
We are launching the COBRA War Room (COvid Business Rescue Assistance) as a pro-bono service to businesses that need urgent assistance. This is a partnership between IQbusiness, Schindlers Attorneys, Agility and Engaged Business Turnaround. This goes live tomorrow with services to assist businesses in distress with bank, government and stakeholder support. To register for the…
The Essential Services Committee falls under the CCMA (Commission For Conciliation, Mediation and Arbitrage). What is an essential service? An essential service is defined in Section 213 of the Labour Relations Act 66 of 1995 (LRA). In terms of this Section, a service is deemed an essential service if it can be shown that the…
24 March 2020 MEDIA RELEASE BUSINESS SUPPORTS PRESIDENT’S CALL FOR DECISIVENESS AND SOLIDARITY Johannesburg, 24 March 2020: All South African business organisations have called on their respective members to respond comprehensively and with the same decisiveness and sense of solidarity displayed by President Ramaphosa in his address to the nation on 23 March 2020. The…
In light of the lockdown announcement made by the honourable President Cyril Ramaphosa on the 23rd of March, the Chamber would like to highlight the following important pieces of information.