Opened on Saturday, 18 April with Nedbank. The department is working to get other banks on-board.

• General dealers/traditional grocery stores in townships and villages with the applicable licences
• 100% owned by South African
• Local hardware stores are also beneficiaries under this scheme (as they are now included in the updated list of businesses offering essential services allowed to trade), but their funding package is still being finalised.
• Support for artisans (e.g. plumbers, electricians, mechanics), whose services have been classified as essential, will also be announced soon.
• Participating owners will be required to commit and undertake to the following in order to qualify:

1. To buy products on the department-approved basket of goods, which will change from time-to-time, in particular products produced by South African SMMEs and cooperatives.

2. To operate a business banking account and will accept participation in the SEDA supported business management support programme, which includes assistance with inventory management and stock control, preparations of management and annual financial statements.

3. To uphold Environmental Health and Food Safety Standards and the Guidelines of the Department of Health, which will include:

• Sanitising before and after serving each customers.

• Disinfecting the service counters.

• Maintain the applicable social distance between customers, and the customer and service point.

• No sale of counterfeit goods and stale/expired foodstuff.

• Not use trading spaces as sleeping quarters.

1. A valid South African ID document, and
2. A valid and original municipal trading licence/permit to trade or business licence in case of a general dealer (copies are not acceptable). Only permits or licences issued by the municipality, not a councillor
3. The qualifying spaza shop/general dealer owner must be willing to accept assistance to register with the Companies and Intellectual Property Commission (CIPC), the South African Revenue Service (SARS) and the Unemployment Insurance Fund (UIF), in the case were the owner is not already registered before approval to participate in the scheme.
4. At the Nedbank branch/ desk, the owners will be assisted to register on the SMMESA database, and complete the applicable application form.

Various forms of support are available under the scheme, which includes:Various forms of support are available under the scheme, which includes:

1. Access to working capital investment and revolving credit facility that is backed by the Khula Credit Guarantee scheme of SEFA, in partnership with Nedbank. The facility is available at participating wholesalers, which are distributed country-wide. The list of participating wholesalers will be shared with approved spaza and general dealer owners.
2. Business Management support, which includes assistance with basic financial management, with the support of financial/business graduates, who will be assigned to give dedicated support to the business over a 24-month period.
3. Legal compliance, includes assistance to register with CIPC, SARS and UIF, and other compliance requirements that may be necessary for participation in the scheme.

Call 0860 663 7867
e-mail: Spazasupport@dsbd.gov.za.
www.dsbd.gov.za
www.sefa.org.za
www.seda.org.za
www.mybindu.org.za