Tonic for business revival availed
Task force cooks up rescue plan
Some key recommendations:
Banks to reduce strict loan requirements
Moratorium on issuing of fuel retail licences
Suspension of VET levy contributions
Ban foreigners from trading in local spaces
SSC to consider relaunching stimulus package VAT registration increase from N$500 000 to N$1 million
The Business Rescue Task Force (BRTF) has recommended an amendment to the Insolvency Act to help struggling businesses which can be saved from ultimate demise, while the developmen...
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