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Low interest, delayed repayments for companies seeking credit: Ramaphosa

President Cyril Ramaphosa has announced changes to the government’s R200bn loan guarantee scheme aimed at mitigating the impact of Covid-19.

President Cyril Ramaphosa has announced changes to the government’s R200bn loan guarantee scheme aimed at mitigating the affect of Covid-19.

He said repayments would now be delayed by as long as 12 months.

The president made the announcement on Wednesday during his address to the nation as he moved the country from lockdown level 2 to level…

Mawande AmaShabalala

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