The Bounce Back Support Scheme has come into effect to provide additional funding to qualifying businesses to grow the South African economy and facilitate job creation, the National Treasury says. The scheme is expected to facilitate the recovery of businesses beyond the Covid-19 pandemic lockdowns. It will also help businesses recovering from the July 2021 civil unrest in KwaZulu-Natal and Gauteng, as well as the current ongoing flood-related disaster in KwaZulu-Natal.
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