SUPPORT FOR SMMEs
Direct access to information about support available to SMMEs and where to apply for it, is now available.
This WhatsApp-based service provides users with information on the public and private support available to SMMES in South Africa during the COVID-19 lockdown and beyond. You can interact with the service to request information, but you will not receive a personal response. This automated service does not request or store any personal information; it only tracks the number of downloads.
Keeping SMEs in business, now and beyond the lockdown
The 21-day national lockdown announced by President Cyril Ramaphosa in March to reduce the spread of the COVID-19 virus has had a significant impact on South Africa’s economy, corporates and – in particular – on SMEs, jobs and the livelihoods of many South Africans. The ratings agency downgrades have put further strain on the economy.
In his national address on 9 April, President Ramaphosa called on all businesses to continue to pay their suppliers:
On 14 April, Business South Africa called on its members to heed the President’s call, and the CEO Initiative followed suit, in calling for its members to pay all outstanding SME creditors by 20 April.
We are encouraged by those corporates that have heeded this call, and look forward to more public commitments of support for this nationally important initiative.