Intervention Categories: Finance policy and financial aid; Stimulus packages and financial support
Level of Jurisdiction: National
Overview: The Government of South Africa allocated R200 million to assist small to medium enterprises in the tourism and hospitality sector that have been impacted by travel restrictions and the national lockdown.
Grant funding is capped at R50 000 per entity, and will be used to subsidise fixed costs, operational costs, supplies and other pressure items.
Full details here: https://www.gov.za/speeches/president-cyril-ramaphosa-escalation-measures-combat-coronavirus-covid-19-pandemic-23-mar