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News Wire / economy

Entrepreneur Accuses IDC Of Rigid Recovery Practices

SAfm Johannesburg 12d12d Impact 3
An entrepreneur has accused the Industrial Development Corporation (IDC) of employing rigid recovery practices. The individual claims these practices ignore the economic impact of COVID-19. The accusation was reported in the Mail and Guardian weekly publication.

Topics

IDC entrepreneurship COVID-19

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Sources · 7 independent

SAfm

“an entrepreneur has accused the IDC of there we go, of rigid recovery practices that ignore the impact of of COVID-19.”

SAfm

“entrepreneur that I think many South Africans would know, a Peewe Nusaine Mawela of Brewster's craft... she's at the center of the story... amid calls of rigid recovery practices that ignore the impact of COVID-19.”

SAfm

“there is the face of a young entrepreneur that I think many South Africans would know, a Peewe Nusaine Mawela of Brewster's craft... amid green calls of appeals from the National African Federator Chamber of Commerce and Industry that's NAFCOC and opposition parties for scrutiny of the IDC's lending practices after several black owned companies faced liquidation.”

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