Fewer than 10,000 businesses helped by scheme intended to assist 700,000

Posted in: Intellidex in the media on Aug 11, 2020


In June, research house Intellidex analysed why the bank guarantee scheme was not working and concluded that it had come “too late” — seven weeks after lockdown when some businesses had already retrenched staff and cancelled leases. Featured in Business Day. 

Have your say.
Share your opinion

RELATED ARTICLES

PETER ATTARD MONTALTO: Where to from here as rising inflation hits poor hardest?

Jun 27, 2022

There is an amusing trait of many of SA’s elite in that they like to forward me messages whenever anything goes wrong offshore, whether it […] read more

Watch Now: Nolwandle Mthombeni on the 2nd instalment of Intellidex's Banking Monthly

Jun 23, 2022

Intellidex’s Senior Banks Analyst Nolwandle Mthombeni joins Michael Avery on Business Watch. She joins as a panellist to discuss findings from Intellidex’s May Banking Monthly […] read more

STUART THEOBALD: ESG deprives emerging and frontier markets of investment

Jun 20, 2022

The ESG acronym is on the lips of investors worldwide. I can’t think of any other investment phenomenon that has spread so fast, from pension […] read more