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: Input myopia clouds BEE and other policies

May 11, 2021

By shunning outcomes, normal market mechanisms are turned on their head. read more

PETER ATTARD MONTALTO: From water-use to energy, performative focus sidetracks from real issues

April 19, 2021

The list of distractions from what matters seems never-ending. read more

STUART THEOBALD: Misguided criticism of banks’ Covid-19 roles

March 29, 2021

President is wrong to chide banks for not rolling out R200bn-worth of loans. read more