R200bn COVID-19 loan scheme: Is it too late to save SA businesses?

Posted in: Intellidex in the media on June 19, 2020


One requirement to reform the bank guarantee loan scheme to improve take up is to remove restrictions of what borrowers can do with the money. At the moment they can only use the loan to cover their overhead costs, which is an unnecessary restriction, argues Intellidex’s chairperson Stuart Theobald on CNBC Africa. 

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