SA unveils R3bn Covid-19 fund for firms

26 March 2020

The South African government has unveiled a package of measures to help businesses as it introduces lockdown measures in the face of Covid-19.

Ebrahim Patel, minister of trade, industry and competition, said the government had put together a package worth more than R3bn ($172m) to help vulnerable firms and to fast track financing for companies who were producing goods or services critical to the fight against the coronavirus.

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