Tag: Richard Wainwright

COVID-19: How SA’s R200bn loan scheme for SMMEs works

With funding from the Oppenheimers' one billion rand relief fund for small businesses dried up, SMMEs in need of financial help to stay in business can now turn to the national R200 billion Covid-19 loan guarantee scheme, which opened yesterday. Richard Wainwright, new Chairman of BASA and CEO of Investec Banjoins CNBC Africa on how the scheme will work and which businesses qualify to apply.
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