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South Africa launches ‘bounce back’ finance scheme.

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The National Treasury has announced the commencement of the Bounce Bank Support Scheme aimed at providing additional funding to qualifying businesses in order to grow the South African economy and to facilitate job creation.
The scheme was first signaled in Finance Minister Enoch Godongwana’s Budget Speech in February.
In a statement on Tuesday, Treasury said the Scheme is expected to facilitate the recovery and bounce back of businesses beyond the Covid-19 pandemic lockdowns.
28 Apr 2022 4AM English South Africa Business News · Investing

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