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"I took the measures as soon as the government announced them. We better stay safe and run our businesses than be reckless and close them," she said. The government is encouraging Kenyans to use mobile money to transact business to avoid spreading the virus. Health Cabinet Secretary Mutahi K...
Almost two years into the Covid-19 pandemic, many small businesses are still struggling. Whilefinancial assistancefor those impacted bythe crisishas ended, some of the hardest-hit industries, including gyms, hotels and restaurants, are pushing for more relief. For many, the omicron surge dealt a...
In MoneyWatch, a new survey conducted by Goldman Sachs 10,000 Small Businesses Voices initiative reveals that 79% of small business owners are concerned about the ongoing pandemic while 13% say they have been forced to temporarily close or scale back operations during the pandemic. Joe Wall, na...
"We just can't afford to lose more money. We already lost too much. No business here for far too long as nobody comes here. I decided to break losses and to do something else," Teo said. For now, Sun is still hanging on. When asked about his next move, Sun remained silent for...
Baindu and her fellow entrepreneurs were given access to business and financial literacy training, support in identifying market opportunities, cash grants and seed money to finance their businesses. Financial management leads to business boost
Another popular reason to refrain from SFP was financial: some participants cited the economic crisis and their own impaired finances as reasons to avoid SFP. For example, Sasha, who feared he might be fired from his job, explained:“I’m just not in the mood to spend any money when I ...
"Every state is awash in money. They have never seen this much cash," McConnell said. He added that any case for additional spending "remains to be seen." But many Democrats, and some industry groups, are highly supportive of more COVID money for businesses. ...
NEW YORK, June 16 (Xinhua) -- As much as 20 percent of the money in the federal aid program intended to help small businesses may have been awarded to fraudsters, The Associated Press (AP) reported Wednesday. It is estimated that at least 80 billion U.S. dollar's distributed from the...
The final round of grants was announced on Thursday, with an additional 108 businesses receiving about $4.8 million in COVID relief funds. Baker said the money has provided a needed economic lifeline for many small businesses struggling to survive the limitations and shut...