Spaza shops who met registration deadline to receive support

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Spaza shops who met registration deadline to receive support

//business-finance.news-articles.net/content/202 .. et-registration-deadline-to-receive-support.html

Published in Business and Finance on Sunday, March 2nd 2025 at 12:01 GMT by sanews

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source
🞛 This publication contains potentially derogatory content such as foul language or violent themes

The article from SAnews.gov.za discusses the initiative by the Department of Small Business Development in South Africa to support spaza shops that complied with the registration deadline set for January 31, 2023. The department, led by Minister Stella Ndabeni-Abrahams, aims to enhance the formalization of these small businesses, which are predominantly run by foreign nationals. The support includes business development services, access to finance, and training to ensure these shops meet health and safety standards. This move is part of a broader strategy to integrate spaza shops into the formal economy, thereby improving their sustainability and compliance with local regulations. The initiative also seeks to address issues like counterfeit goods and ensure that these businesses contribute positively to the local economy.

Read the Full sanews Article at:
[ https://www.sanews.gov.za/south-africa/spaza-shops-who-met-registration-deadline-receive-support ]