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Govt to launch fund for small businesses in townships

Summary by insidepolitic.co.za
By Amy Musgrave The government will launch the R500 million Spaza Shop Support Fund in Soweto next week. The fund, which was announced by President Cyril Ramaphosa in November last year, will be jointly administered by the National Empowerment Fund and the Small Enterprise Development Finance Agency. It will provide critical financial and non-financial support to township businesses, including community convenience stores and spaza shops. The fu…
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insidepolitic.co.zainsidepolitic.co.za

Govt to launch fund for small businesses in townships

By Amy Musgrave The government will launch the R500 million Spaza Shop Support Fund in Soweto next week. The fund, which was announced by President Cyril Ramaphosa in November last year, will be jointly administered by the National Empowerment Fund and the Small Enterprise Development Finance Agency. It will provide critical financial and non-financial support to township businesses, including community convenience stores and spaza shops. The fu…

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insidepolitic.co.za broke the news in on Wednesday, April 2, 2025.
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