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KwaDukuza offers lifeline to informal traders hit by pandemic


KwaDukuza offers lifeline to informal traders hit by pandemic
Updated
Steve Bhengu
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KwaDukuza s confident its new relief fund will help prop up struggling informal traders, whose businesses have been dealt a severe blow by the Covid-19 pandemic.
Photo by Neo Motloung
It s launched the Covid-19 Informal Traders Relief Fund and LED Start-Up programme that s set to benefit SMME operators as well. 
The municipality s Sipho Mkhize says they ve witnessed, firsthand, how the outbreak and subsequent restrictions have shut the doors of businesses. 
He says the aim of the program is to help those in the informal sector put food back on the table.  ....

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More than 1-million Nedbank MobiMoney accounts opened


More than 1-million Nedbank MobiMoney accounts opened
Anyone with a valid SA ID number can open a Nedbank MobiMoney account on any mobile device in seconds
13 April 2021 - 13:59
Small businesses can use Nedbank MobiMoney to pay digitally immediately and directly, simply by entering the secure pay code.
Image: 123RF/Aleksei Todosko
When it first launched in 2018, Nedbank’s cellphone-based account, MobiMoney, was aimed at making an affordable, easy-to-use bank account available to previously unbanked or underbanked South Africans. This innovative account has delivered on this objective, and its value has been recognised by the full spectrum of clients and businesses, with more than 1-million MobiMoney accounts opened in just under three years. ....

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Informal traders want govt promises of support to township business realised


Informal traders want govt promises of support to township business realised
On Wednesday, Finance Minister Tito Mboweni announced the multi-billion rand investment to help hundreds of small businesses in townships and rural areas.
FILE: The South African Informal Traders Alliance visited the Khayelitsha taxi rank. Picture: Kaylynn Palm/EWN
31 days ago
CAPE TOWN – The South African Informal Traders Alliance (Saita) said that while it welcomed government s R4 billion investment to support rural and township-based enterprises, it wanted to see the promises become a reality.
In his budget speech this week, Finance Minister Tito Mboweni announced the multi-billion rand investment to help hundreds of small businesses in townships and rural areas. ....

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