More than 600 jobs to be saved by Sanlam Investments' Covid-19 impact fund

Sanlam Investments announced that three small businesses are among the first beneficiaries of its SME Debt Fund. (iStock)
Sanlam Investments' SME Debt Fund has committed to provide R110 million in debt relief capital to three South African businesses.
This could preserve 630 jobs and create a further 356 jobs, Sanlam Investments said in a statement.
The debt relief capital is part of an impact fund initiative that it Sanlam launched earlier this year in response to the Covid-19 pandemic.
Three Small and Medium Enterprises (SME) are set to benefit from R110 million in debt relief capital, provided through Sanlam Investments' SME Debt Fund.

Related Keywords

South Africa ,South African ,Mervyn Shanmugam ,Debt Fund ,Market Private Equity Fund ,Mettle Administrative Services ,Medium Enterprises ,Corporate Debt Fund ,Sanlam Investment ,Sanlam Investments ,Mid Market Private Equity Fund ,Corporate Debt ,Administrative Services ,Retail Capital ,மெர்வின் ஷண்முகம் ,கடன் நிதி ,சந்தை ப்ரைவேட் பங்கு நிதி ,நடுத்தர நிறுவனங்கள் ,பெருநிறுவன கடன் நிதி ,நடுவில் சந்தை ப்ரைவேட் பங்கு நிதி ,பெருநிறுவன கடன் ,சில்லறை மூலதனம் ,