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#BehindtheBrandManager: Terri Verhoeven of Big Concerts on navigating the new events, entertainment spaceThis month, we uncover the heroes behind the brands that millions of South Africans take into their homes and hearts every day. We find out more from Terri Verhoeven, senior operations manager at Big Concerts, about managing such a well-known SA company and navigating and surviving the devastating effects of Covid-19. By Ruth Cooper
Takealot competitor Everyshop officially launchesAfter a month of public testing in March, the new South African online marketplace Everyshop has officially launched, offering delivery across South Africa.
really behind her mask is a fierce female who loves bubbly a little too much, takes life a little seriously, but knows the importance of working hard and balancing that out with some good fun! By Jessica Tennant ....

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City of Cape Town opens second electric vehicle charging stationThe City of Cape Town (CoCT) has opened its second public electric vehicle (EV) charging station. The station is situated in the parking area of the Somerset West Civic Centre. E-mobility offers the city and its residents an opportunity to create a healthier, more inclusive metro. As a proactive climate change response, it will help enable our Covid-19 recovery, said the CoCT in a statement.
SABC s Noxolo Grootboom announces retirementNoxolo Grootboom has announced her retirement after working for the SABC for 37 years. The public broadcaster confirmed the news on its Twitter account. ....

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NEF launches an Economic Distress Fund


NEF launches an Economic Distress Fund
The National Empowerment Fund (NEF) in partnership with the Department of Trade, Industry and Competition (the dtic) has established an Economic Distress Fund to provide concessionary business loans to Black-owned and managed enterprises that are under financial distress as a result of the Covid-19 pandemic to aid their recovery, sustain existing jobs and improve productive capacity , says CEO, Philisiwe Mthethwa.
Photo by Alex Green© from Pexels
“The Covid-19 pandemic has devastated the South African economy and placed the livelihoods of businesses and employees at stake. Black businesses, which historically have been constrained by the lack of access to affordable capital, have been dealt a particularly heavy blow. That is why the Economic Distress Fund will support black companies in accordance with the legislated mandate of the NEF, to mitigate the challenges that have been caused by the ongoing pandemic. Funding will be ....

Philisiwe Mthethwa , National Empowerment Fund , Economic Distress Fund , தேசிய அதிகாரம் நிதி , பொருளாதார துன்பம் நிதி ,

NEF launches an Economic Distress Fund for black-owned businesses


The NEF says the Economic Distress Fund will offer concessionary business loans as well as equity funding with a maximum interest rate of 2.5%.
Photo: Getty Images
The National Empowerment Fund
(NEF) and the Department of Trade, Industry and Competition have launched an to help black-owned businesses
recover from the Covid-19 induced financial crunch.
The institution said the new
fund, announced on Saturday will offer concessionary business loans as well as equity
funding with a maximum interest rate of 2.5%.
Eligible businesses will be
able to access between R250 000 and R10 million in funding. But they must
provide proof of commercial viability and must demonstrate that the need for ....

Philisiwe Mthethwa , Mzi Dayimani , National Empowerment Fund , Economic Distress Fund , Economic Distress , தேசிய அதிகாரம் நிதி , பொருளாதார துன்பம் நிதி , பொருளாதார துன்பம் ,