Tag: COVID‐19 loan guarantee scheme
The battle of banks in customer loyalty and satisfaction stakes hits...
When South Africa entered into a hard and extended national lockdown on 27 March 2020, banks responded rapidly and empathetically to their account holders' financial crisis. According to the Banking Association of South Africa (BASA), as at 24 October 2020, banks had provided over R50 billion in financial relief – R33,61 billion in payment breaks on credit agreements and R16,71 billion under the loan guarantee scheme – to South African businesses and individuals.
President Ramaphosa – Economic Reconstruction and Recovery Plan Address
Address by President Cyril Ramaphosa to the Joint Sitting of Parliament on South Africa's Economic Reconstruction and Recovery Plan.
Supplementary Budget 2020 | SA Finance Minister Tito Mboweni’s Speech
The Supplementary Budget 2020 was tabled to Parliament on 24 June 2020 by South African Finance Minister Tito Mboweni.
