However, the government has set up a debt relief fund to minimise the extent of the effects.

What is it, and how does it work?

Read on to find out!

small business development

Image: instagram.com, @bmtvafricaSource: UGC

It is also aimed at indirectly boosting the small businesses that have been affected by the effects of COVID-19.

This is through the debt relief fund.

It is important to note that the finances will be disbursed to the businesses that meet the stipulated requirements.

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It is also important to note that all the applications are being made on the department’s database.

Any action you take upon the information presented in this article is strictly at your own risk and responsibility.

She graduated from Meru University of Science and Technology with a Bachelor of Technology in Civil Engineering in 2019.

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In 2023, Priscillah finished the AFP course on Digital Investigation Techniques.

She has been writing articles on Briefly.co.za since 2019.

Email: pshmueni@gmail.com

SA debt relief fund for businesses

Image: instagram.com, @prettyboitacSource: UGC

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