Category: Entrepreneurship

Social Grants Increase thanks to SA’s R500bn stimulus package

Last night, 21 April 2020, president Cyril Ramaphosa addressed the nation about a new economic relief package for South African individuals and businesses in light of the #Lockdown and impact of COVID 19 on the South African economy. The South African Reserve Bank earlier this month predicted that there would be massive job losses to […]

NYDA relieves distressed youth-owned enterprises

The National Youth Development Agency (NYDA) has launched the Youth Micro Enterprises Relief Fund (YMERF) aimed at assisting youth-owned enterprises, which might not qualify for other funds. This fund will respond to challenges facing youth-owned businesses, such as the inability to pay employees, lack of income and waiting periods for other funding mechanisms. Funding will […]

Tiger Brands Durban Bakery closes, 12 Staff members test positive for COVID-19

Yesterday evening, 15 April 2020, Tiger Brands announced it is temporarily closing it’s Durban bakery in the interest of the health and safety of all it’s employees. This after 12 staff members tested positive for Covid-19. Last week, an employee who works in the administrative building reported feeling ill and having flu-like symptoms. After seeking […]

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