The Chamber for Small and Medium Business Association has asked the government to consider implementing measures that will ease operations of SMEs, amidst the corona virus outbreak.
The association presented its requests to the government, in a statement that was recently released, which outlined that tax reduction on internet will trickle to internet service providers who in turn will reduce price charged to the end consumer. In the statement, the government was requested to also consider broadening and fast-track loans from Medf and introduce less stringent requirements that government should support businesses with sanitary products. “Extend the moratorium on loan repayment which is currently at three months to six months and lower rentals for commercial properties,” reads the statement in part.
Not long ago, the government announced the suspension of PAYEE and Pension payments to all private tourism operators in Malawi or Government to pay a contribution towards staff members’ wages working in the MalawiTourism Sector (50% requested).