The South African Future Trust (“SAFT”) is an independent trust, in partnership with the South African government and private sector. SAFT will extend direct financial support to SMME employees who are at risk of losing their jobs or will suffer a loss of income because of COVID-19. SMMEs should register their interest directly with their bank. Currently this scheme is limited to clients of Standard Bank, ABSA Bank, First National Bank and Nedbank for more information please follow the link below. We are working hard to extend this partnership, with an aspiration of achieving full market coverage.
For more information please open the attachment.