Private Bag X44, Pretoria, 0001, South Africa, isibalo House, Koch Street, Salvokop, Pretoria, 0002



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Report-00-80-01April2020
Report-00-80-01April2020, Report-00-80-01April2020

Figure 10
– Change inability to access financial resources



Access to financial resources 23,8% indicated a decrease while 52,6% indicated access to financial resources remained the same.

Table 2
– Financial assistance initiatives

Financial assistance initiatives
% response
Debt relief holiday
20,5 Deferring payments to the South African Revenue Service
22,8 Small businesses grant or loan schemes
13,3 Accredited finance agreements
6,5 Business Growth and Resilience Facility for essential service
2,7 Government relief schemes, e.g. COVID-19 temporary relief scheme
38,2 Other not listed above
11,1 Not sure
9,5 No plan for assistance
21,1 None of these
11,1

Approximately 38% of businesses applying for financial assistance reported that they would use government relief schemes, and approximately 23% reported deferring payments to the South African Revenue Service.


7,3%
23,8%
52,6%
16,4%
Access to finance has increased
Access to finance has decreased
Access to finance has stayed the same
Not sure
0%
10%
20%
30%
40%
50%
60%

STATISTICS SOUTH AFRICA 9 Business impact survey of the COVID-19 pandemic in South Africa, April 2020

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