Home South Africa News Western Cape govt launches R27 million relief fund for businesses

Western Cape govt launches R27 million relief fund for businesses

Rands

The Western Cape government has launched a business relief fund through which it will be committing R27m to small businesses in the formal and informal sectors that have been harshly affected by the coronavirus.

In a statement released on Tuesday, MEC of Finance and Economic Opportunities David Maynier said that times have been tough for businesses during the Covid-19 pandemic and that his department had been working hard to support businesses, especially small businesses, to open safely and responsibly and save jobs in the province as well as its economy.

The fund will provide financial assistance in the form of a financial grant to be used exclusively to subsidize business-related expenses, such as fixed costs, operational costs, supplier debt, and other pressure cost items.

Maynier said on Monday that the Covid-19 workplace safety campaign had also been launched with an aim to remind businesses of the importance of maintaining and implementing the safety guidelines in the workplace.

“This campaign also encourages them to make use of the many tools and resources we have on our website to help them implement these safety measures in the workplace,” Maynier said.

He said as South Africa entered the less restrictive alert level 1 of the national Covid-19 lockdown, more businesses would reopen, and the fund was an important step to helping the economy recover.

Businesses interested in accessing the fund can submit their applications on www.westerncape.gov.za.

The closing date for all submissions is October 12 at 10 am.

-African News Agency

In other news – Young woman who is a tiler inspires Social Media after showing off her work

A young lady, who was only identified by her Twitter handle @Monroe244, is proving that women have what it takes to succeed in construction. She revealed online that she works as a tiler and decided to show off some of the work she has done. South Africans were in awe of her hustle and applauded the hardworking young woman in the comment section.

Young woman who is a tiler inspires Social Media after showing off her work

More and more women are making their mark in industries formerly dominated by men. One of those ladies is a social media user, who was only identified as @Monroe244. Learn More