SPONSORED | More than 11,000 Telkom Business customers have been affected by the unrest and TelkomZA is committed to helping these businesses rebuild and stay connected.
Small enterprises are crucial to SA’s economic growth and employ between 50% and 60% of the labour workforceBusinesses in need of funding can register on the Telkom website while South Africans can also use this online portal to make their pledges.Recent civil unrest that led to the destruction of infrastructure, looting and violence forced many small and medium businesses and informal traders to close in parts of KwaZulu-Natal and Gauteng.
Valued at R10m, the Telkom SME Relief initiative aims to provide aid to small business owners to rebuild their businesses and urge South Africans and the private sector to rally behind SMEs. More than 11,000 Telkom Business customers have been affected by the unrest and Telkom is committed to helping these businesses rebuild and stay connected. Telkom Business will conduct a vetting process to identify the SMEs in need of assistance and will receive up to R20,000 to help rebuild their premises.
Telkom Financial Services will assist with mobile point-of-sale devices and loan propositions to businesses in the affected areas to allow them to resume trading. enterprise and supplier development initiative of Telkom Foundation, has pledged R1.5m to support ICT SMEs through grants to assist with rent, inventory and salaries. Through FutureMakers, Telkom will offer mentorship and training, including extending the Township Incubator programme to affected areas.
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