Businesses use P250m of COVID-19 credit scheme
Friday, March 18, 2022 | 350 Views |
On the mend: Tourism enterprises were amongst the leading beneficiaries of the loan guarantee scheme PIC: THALEFANG CHARLES
The scheme was launched as part of a range of government’s COVID-19 interventions aimed at helping businesses out of the pandemic.
The scheme aimed to encourage bank lending to qualifying businesses by offering a partial government guarantee of 80% to commercial banks and banks established by legislation. The banks would cover the remainder of 20% of the risk of the financial facility.
The Member of Parliament is warning that patients suffering from chronic conditions continue to face potentially life-threatening interruptions to their treatment because of unreliable access to medicines.Amid the shortages, many Batswana have been left with no choice but to look for other treatment alternatives such as herbs, with many not having had been scientifically tested for effectiveness.Medications for hypertension, diabetes, heart...