Getting SA back to work after Covid-19: Does your business qualify for Kisby Fund finance?

The Stats SA Quarterly Labour Force Survey for the first quarter of 2020 indicates that there are 7.1 million unemployed people in South Africa. This was before the country imposed lockdown restrictions to curb the spread of Covid-19. There is little doubt that this figure will increase dramatically. Industries across the country have already started retrenchment processes, affecting the livelihoods of millions more, leading to a higher reliance on state grants. But it doesn't have to be this way. The newly established Kisby Fund believes in creating cash flow. This, in turn, will help small businesses to create jobs and contribute to the taxpayer base. BizNews founder Alec Hogg talks to founders Mark Barnes, Sean Emery and Warren Wheatley about the virtuous cycle of small businesses and job creation and how the Kisby Fund has been conceptualised to fire up small and medium size businesses in need of competitively priced financial back-up. - Ronda Naidu Learn more about your ad choices. Visit megaphone.fm/adchoices