SMME’s and Industries to be helped with R6 Billion 1


a recent article in “Die Burger” stated that the Government plans to tackle the Economical Crisis by giving R6 Billion to Small, Micro and Medium Enterprises, especially in the Motor, Clothing & Texstyle industries, and bigger motivation for the production of capital goods that will support and assist the country’s infrastructure.

Mr. Zwelinzima Vavi, of Cosatu and Mr. Bobby Godsell of Busa is in negotiation for an “averall package to avoid retrencements”, which will be introduced within the week.

Does anyone know more about this? I will do some reseach myself (criteria, applications, etc) – but I thought you might find this valuable and interesting.

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