💨 Abstract
While South Africa's R500-million spaza shop fund is intended to support the informal trading industry, there are fears of misappropriation and exploitation. The South African Spaza and Tuckshop Association's president, Kgothatso Ramautswa, emphasized the need for transparent and effective management to prevent looting and scams. The Department of Small Business Development also outlined measures to ensure funds are distributed as business assets directly to intended beneficiaries.
Courtesy: Ray Leathern
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