Our money will be available to all South African businesses - Johann Rupert

ponder

Honorary Master
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Jan 22, 2005
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83,907
I wonder if any of the other larger unions will follow Solidarity in setting up funds, or even contributing towards the governments one. Cosatu, Numsa, anyone? Or do they not care about actually helping their workers keep their jobs and making sure the economy stays afloat.
:X3: The solidarity fund has nothing to do with the soladarity union...
 

Fulcrum29

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Jun 25, 2010
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35,270
Going through the tourism docs I came across this,

https://www.tourism.gov.za/AboutNDT/Publications/COVID-19 interventions for the tourism sector.pdf (PDF)

Tourism Relief Funding The Department of Tourism has made an additional R200 million available to assist SMMEs in the tourism and hospitality sector who are under particular stress due to the new travel restrictions. This is amongst the interventions we believe will help to cushion our society from economic difficulties. We are committed to putting people and their well-being first, ahead of profits as part of a response to COVID-19. At the same time, we are committed to see the sector being able to pick up the pieces post the COVID-19, thus our role will be to respond and support the industry during this period.

The fund will be administered to benefit SMMEs in all the 9 provinces and various tourism subsectors. Necessarily and rightly there will be a degree of bias towards rural areas, townships, women, young people and people with disabilities.

The fund will be administered to benefit SMMEs in all the 9 provinces and various tourism subsectors. Necessarily and rightly there will be a degree of bias towards rural areas, townships, women, young people and people with disabilities. In line with our Amended Codes on BBB-EE the following categories will apply:-

● Accommodation: Hotels; Resort properties and Bed and Breakfast (B&B’s)
● Hospitality and Related Services: Restaurants (not attached to hotels); Conference (not attached to hotels), Professional catering; Attractions
● Travel and Related Services: Tour operators; Travel agents; Tourist guides; Car rental companies; and Coach Operators.

There will also be an equitable balance between businesses that are in the tourism incentive programme of the Department of Tourism and businesses that are not benefiting from such programmes through a transparent application process, and the criteria outlined above.

Application Qualifying Criteria

● Must be a formally registered business with Companies and Intellectual Property Commission (CIPC).
● Turnover must not exceed R2.5 million per year.
● Must have a valid tax clearance certificate.
● Guaranteed employment for a minimum number of staff for a period of 3 months.
● Proof of minimum wage compliance.
● Must provide proof of UIF registration for employees employed by the business.
● Be an existing tourism-specific establishment as outline in the scope of application (suppliers and intermediaries are not eligible).
● Must be in existence for at least one business financial year.
● Prove that the relief is required as a result of the impact of COVID-19.
● Must submit statements of financial position; over 12 months’ bank statement, balance sheet, income statements, cash flow statements.
● Indicate the intended use of the resources.

Delivery Mechanisms

● The relief will be distributed in a spatially equitable manner to ensure that all provinces benefit.
At least 70% of beneficiaries will be businesses that are Black owned.
● At least 50% of beneficiaries will be businesses that are women owned.
● At least 30% of beneficiaries will be businesses that are youth owned.
● At least 4% of beneficiaries will be businesses that are owned by people with disabilities.
 

Tector

Senior Member
Joined
Jul 1, 2018
Messages
525
I tried the whole day to register. First there was a problem where it was compulsory to select which cleaning product or food you sell even though I chose automotive in sector. That was later fixed to not be compulsory. You still can't enter half a percentage point in ownership eg. 12.5% it simply doesn't allow it and when I submitted it numerous times with different browsers I only get: Oops! Something went wrong try again later. The helpline number at the top of the page is also engaged the whole day so can't even phone for help. Makes me wonder how long we will have to wait for this assistance because our business is going under if we don't get any income...
 

Yskasmetnstoof

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Joined
Jul 30, 2019
Messages
469
“It was not meant to be shared with the public,” the department said on Twitter.

Straight out of the John Vorster way of doing things.
 

Yskasmetnstoof

Well-Known Member
Joined
Jul 30, 2019
Messages
469
It has since been confirmed as a real suggestion. With tweets and a recording from a tv announcement.
 

lived666

Executive Member
Joined
Feb 12, 2007
Messages
9,392
Can any business, regardless of composition and race of shareholders, that requires assistance and actually receives any, please let us know.
 

migraineboy

Active Member
Joined
Jan 26, 2011
Messages
47

Sad that a certain group may not highlight the issue without criticism. Yes, the original draft was formally dated for 23rd of March 2020. From a further study of this debacle, the policy by design may have accommodated the SMMESA database for allocation of funds. Most of the information is already accessible through the CIPC, SARS, etc, but the department's reasoning is for centralising this information which I assume is collected for more than only this fund which may or may not be applied to future policymaking.
The site http://www.smmesa.gov.za/ seems to down/or very slow. Also not secure and one has to enter quite sensitive information.
 

Tector

Senior Member
Joined
Jul 1, 2018
Messages
525
Managed to register only just now...no confirmation e-mail or anything though
 

santaman202

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Joined
Apr 30, 2014
Messages
316
Why isn't zuma, motsepe or even our very own billionaire president helping with these relief funds ? Is socialism dead when it comes to money ?
 

FlashSA

Executive Member
Joined
Oct 19, 2007
Messages
8,665
Why isn't zuma, motsepe or even our very own billionaire president helping with these relief funds ? Is socialism dead when it comes to money ?
The problem with socialism is that you run out of other people's money...
 

thechamp

Honorary Master
Joined
Feb 26, 2011
Messages
30,008
Why isn't zuma, motsepe or even our very own billionaire president helping with these relief funds ? Is socialism dead when it comes to money ?
De Klerk, Christo Wiese, Whitey Basson, Koos Bekker. ..

I really don't understand what is wrong with these people, it's like they want us to beg.
 

WesleyDB

Senior Member
Joined
Jan 10, 2020
Messages
505
They will be in for a world of pain if they have some internal policy like that...

The R2bn donated to help by the Oppenheimers and Ruperts will dry up in an instant and the court cases will flood in.
I'm sure there will be a fleet new cars for government officials after this lockdown
 
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