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. 

Have your say.
Share your opinion

RELATED ARTICLES

STUART THEOBALD: Land rights and the economy are tightly bound in SA

August 2, 2021

EFF land model could trigger a financial crisis that would happen far faster than the election cycle.  read more

PETER ATTARD MONTALTO: Basic income grant could hobble the poor forever

July 26, 2021

A basic income grant in South Africa could hobble the poor forever read more

STUART THEOBALD: Investment case remains intact despite the mayhem

July 19, 2021

This column is endowed with the responsibility to look at current events from an investment perspective. It is a cold and calculating task amid the personal tragedy and loss of life we saw last week.... read more