WESTERN CAPE NEWS - The Stats SA Quarterly Labour Force Survey (QLFS) released today (29 September), reveals that at 27,3%, the Western Cape continues to have the lowest expanded unemployment rate in South Africa.
However, Western Cape Minister of Finance and Economic Opportunities David Maynier, says lockdown has had a major impact on the economy and quarter on quarter 321 000 jobs have been lost with a devastating effect on people’s lives in the Western Cape.
“We have now shifted to Alert Level 1 with more sectors opening up, and we are moving forward and focusing on our economic recovery with all the urgency of the health response in the Western Cape.
This includes launching the Western Cape Covid-19 Business Relief Fund which commits R27-million to supporting small businesses in both the formal and informal sectors who have been hard-hit by Covid-19 restrictions.”
Maynier encourages all small businesses to apply.
Listen to a soundbyte by David Maynier
For more information on the Western Cape Covid-19 Business Relief Fund CLICK HERE.
The closing date for submissions is Monday, 12 October at 10:00.
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