The original article can be found here.
Article highlights:
- While it could be argued that the South African tourism and hospitality sector has been hardest hit by the COVID-19 lockdown, what is even more devastating is the help it has received from the state;
- If support was not ramped up, it was likely that most SMMEs in the sector would not survive;
- When the fund was introduced, each business was supposed to receive R50,000, and many businesses were crying, asking when this fund would be released. The fact that only 4000 businesses are supported through the fund is shocking.
