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Covid 19 Crisis

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Advisers say the government should try to boost the uptake of a loan guarantee scheme backed by the Reserve Bank and the National Treasury, and set up a rescue fund for illiquid companies.Image: Jairus Mmutle/GCIS
PRESIDENT CYRIL RAMAPHOSA

Ramaphosa’s advisers say SA’s plans to reduce debt are too ambitious

The government’s plans to curb rising public debt are too ambitious, says a team of local and international economic advisers to President Cyril Ramaphosa. They recommend a “more gradual and credible” approach. Debt-service costs in SA…

  • TimesLIVE
Picture: 123RF/DMITRIJS KAMINSKIS
AFRICA

87% of Africa’s small businesses fear they may not survive the Covid-19 crisis

Most entrepreneurs who took part in AMI’s Covid-19 business survival boot camps, with Business Day, say a single, small loan could mean survival A staggering 87% of small businesses in Africa fear they may not survive the Covid-19 crisis,…

  • TimesLIVE