Covid- 19 Resources

Following the unparalleled global pandemic as an outcome of the COVID-19, the world of business will never be the same again, even the manner with which businesses conduct themselves. The 21-day shutdown as a means to control the wide spread of the disease announced by the President of the Republic of South Africa, President Cyril Ramaphosa, has a ripple effect on the Business Community. As we traverse all of the challenges that come with such a situation, we cannot ignore the fact that there are essential goods and services that are required. The SASDC is available to partner with your Corporate in this difficult period and would like to be of assistance where necessary to support your sourcing needs from our base of certified Black owned, controlled and managed suppliers.

Disclaimer: We have listed the support measures to assist businesses however, its incumbent on the user of this information to thoroughly evaluate all the information and its applicability.

The current COVID-19 crisis will have a global impact on business. Whilst we work on innovative solutions for SMMEs in South Africa, we share our resources, which we hope will assist you in navigating some of the challenges during this time to better prepare you for the future and our new reality. 

(Articles and resources from GrowthWheel.  The SASDC is a licensed GrowthWheel advisor)

The South African Supplier Diversity Council (SASDC) compiled some personal finance tips that will be applicable during the COVID 19 lockdown period; herewith some considerations:

You may have spent your personal income according to the '50-30-20 budgeting rule', where 50% of your monthly income went to car repayments, home loans or rent, and monthly groceries, 30% to entertainment, trips to the salon and eating out, while 20% of your salary may be spent on debt payments, petrol and savings.