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NEF and Solidarity Fund’s HCRF Establish a R450m SMME Support Programme
THE NATIONAL Empowerment Fund (NEF) and the Solidarity Fund’s Humanitarian Crisis Relief Fund (HCRF) have announced a R450 million financial relief programme to support small, medium and micro enterprises (SMMEs) recover from the effects of civil unrest in KwaZulu-Natal and some parts of Gauteng, which broke out in July.
The SMME Support Programme is a first between the two organisations, which would support businesses that could demonstrate that they were negatively affected by the riots and unrests in both provinces, the organisations said in a statement last week…