Government’s R200bn Covid loan scheme under fire


It would be hard to describe the results of the government-backed loan guarantee scheme as anything but an abject failure.

After all, only R13.6bn out of R200bn available has been disbursed to local businesses under the loan plan designed to help the private sector through the Covid crisis. ..

This article is reserved for HeraldLIVE subscribers.

A subscription gives you full digital access to all our content.

Already subscribed? Simply sign in below.

Already registered on DispatchLIVE, BusinessLIVE, TimesLIVE or SowetanLIVE? Sign in with the same details.

Questions or problems? Email or call 0860 52 52 00.

Would you like to comment on this article or view other readers' comments? Register (it’s quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.