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The Covid-19 loan guarantee scheme will be extended by three months. The scheme was launched as part of government’s R500 billion stimulus package to support the economy given the impact of the Covid-19 pandemic. The scheme is based on a partnership between National Treasury, the SA Reserve Bank (SARB) and the Banking Association of South Africa (BASA). It is meant, specifically, to support struggling businesses.

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By Smile Staff Reporter
Smile Staff Reporter
Smile Staff Reporter

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President Cyril Ramaphosa says the COVID-19 pandemic has showcased Africa’s capabilities in science and in health response. Speaking during the Africa Centre for Disease Control’s two-day conference on vaccine manufacturing, Ramaphosa said the talent and will is there, but resources are a challenge.
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Health MEC Nomafrench Mbombo says the Western Cape is ready for Phase Two of the vaccine rollout. Mbombo visited Caledon and Swellendam hospitals today to assess their readiness ahead of the roll out of phase 2 of COVID vaccines. Provincial health authorities have reiterated that rural communities will not be left out when COVID-19 jabs are administered.

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