Streaming issues? Report here
Just the Hits generic CapeTalk Just the Hits generic CapeTalk
Just the Hits
15:00 - 20:00
volume_up
volume_mute

Up Next: Just the Hits... with Soul
See full line-up
Just the Hits
15:00 - 20:00
Home
arrow_forward
Local

Government improves access to finance for SMMEs

15 November 2019 2:04 PM
Tags:
Small businesses
Government
SMMEs
Businesses
funding models

Minister of Small Businesses Development Khumbudzo Ntshavheni says they have improved the feedback system for applicants.

The Department of Small Business and Development has announced funding instruments for small, micro and medium enterprises (SMME).

The fund will see 100,000 young entrepreneurs take their businesses to new levels with funding from the Small Business and Innovation Fund.

Minister Khumbudzo Ntshavheni explains the improvements in the funding instruments.

We have introduced that now our services will be available in municipal offices at the LED [local economic development] units in municipalities.

Khumbudzo Ntshavheni, Minister - Small Businesses Development

We have also introduced a common application form, although it is still a bit difficult we continue working on it.

Khumbudzo Ntshavheni, Minister - Small Businesses Development

The minister adds that funding instruments will also deal with red tape and turnaround time for feedback on applications.

You will now get feedback in two days on your applications in case there are missing documents.

Khumbudzo Ntshavheni, Minister - Small Businesses Development

Listen to the full interview below...


This article first appeared on 702 : Government improves access to finance for SMMEs


15 November 2019 2:04 PM
Tags:
Small businesses
Government
SMMEs
Businesses
funding models

Recommended

More from Local

pakalolo-seal-restaurantpng

[WATCH] Rescue centre treating injured seal that visited Table View beach bar

4 July 2020 2:41 PM

The disorientated seal that banged on the door of Pakalolo in Table View this week is being rehabilitated at the Hout Bay Seal Rescue Centre.

Share this:
Read More arrow_forward

gillian-malouw-youtube-screengrabpng

Meet Gillian Malouw, the first woman in Africa to navigate a submarine

4 July 2020 12:48 PM

Lieutenant Gillian Malouw is the first woman submarine officer in Africa. She opens up about her life in the navy.

Share this:
Read More arrow_forward

qaurantine-vlogs-carl-weberpng

CT comedian who lost his parents-in-law to Covid posts daily vlogs in isolation

4 July 2020 10:21 AM

Cape Town-based comedian Carl Weber lost his in-laws to Covid-19 last month, just five days apart. His wife also tested positive for the virus.

Share this:
Read More arrow_forward

shack-reerected-in-emplwenipng

Bulelani Qholani may approach Equality Court over shack eviction

4 July 2020 9:21 AM

The SA Human Rights Commission (SAHRC) says Bulelani Qholani could take the City of Cape Town to the Equality Court over his violent eviction.

Share this:
Read More arrow_forward

bulelanijpg

It's a lie that he undressed when he saw law enforcement - community leader

3 July 2020 6:59 PM

The man who was forcibly removed from his shack while naked has denied allegations that he deliberately undressed himself to block being evicted.

Share this:
Read More arrow_forward

school-hallway-pexels-photojpeg

WC Education MEC: Schools allowed to bring more grades back if they apply to HOD

3 July 2020 5:41 PM

Grades R, 6, and 11 must return to school on Monday, while schools with enough capacity may apply to bring other grades back too.

Share this:
Read More arrow_forward

capetalk-micjpg

CapeTalk shakes up its daytime, weekend and early morning line-up

3 July 2020 4:56 PM

You heard it here first: CapeTalk will introduce a new daytime, weekday line-up starting from Monday, 6 July 2020.

Share this:
Read More arrow_forward

ecd-1png

No political will to reopen ECD sector, says prof

3 July 2020 4:13 PM

South Africa's young children remain at risk as there is still no indication of when early childhood development (ECD) centres will reopen.

Share this:
Read More arrow_forward

cape-town-stadium-green-point-123rf

Anchor tenant deal between CT Stadium and WP Rugby enters 'advanced' stage

3 July 2020 1:08 PM

Cape Town Stadium chief executive Lesley de Reuck says officials are finalising the first draft of the anchor tenant agreement.

Share this:
Read More arrow_forward

cleaner-domestic-worker-house-keeper-yellow-glovesjpg

'Domestic workers struggling to access government's special Covid-19 relief'

3 July 2020 12:11 PM

Sadsawu's Myrtle Witbooi explains many domestic workers aren't UIF registered and the direct contact number is hard to access.

Share this:
Read More arrow_forward