Govt sets aside R500m to import medical essentials for coronavirus

A special package of R500-million has been set aside for trade finance to import essential medical products to fight the coronavirus outbreak, Minister of Trade and Industry Ebrahim Patel announced on Tuesday. The amount forms part of a package of more than R3-billion put together by the department of Trade, Industry and Competition and the Industrial Development Corporation, which falls within its oversight. The funds are meant to help vulnerable firms and to fast-track funding to companies that are critical in efforts to address the impact of the coronavirus, Patel said.

2020-03-24T15:25:35+00:00March 24th, 2020|