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Business are going to be run differently after the lockdown

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Finance minister Tito Mboweni said after the Coronavirus virus lockdown business will be operated differently.

On Friday Tito Mboweni who is the finance Minister said businesses after the lockdown should employ more of the jobless South Africans if they are looking forward to thrive after they open.

He explained how the government’s R500bn relief fund is aimed towards helping South Africans who are vulnerable . He also said over the last two decades many changes were being noticed but not for the unemployed workers. He also explained that when he come back from exile in 1990, many south Africans were employed in restaurants.

“Few foreigners usually from Malawia or Zimbabwea were also employed in restaurants.However the situation today is the complete opposite since almost 100% of the people employed in restaurants are non-South African,” he said. “The new economy that we are entering into after the removal of the lockdown must address that question. Any company wanting to reopen must implement the new labour market policy which gives first preference to South Africans but must not discriminate against foreign nationals” Mboweni said.

“The number of South Africans working in a restaurant must be higher compared to non-South Africans,” he said.Mboweni said he was sure that the government is going to support his proposal.

The minister also told small businesses and the agriculture sector to start planning on how they could change their business for the better after the lockdown.

“Those who want to apply for loans from banks or the must prove that they have a labour market or they are implementing employment policy that favours South Africans,” Mboweni said.“Nothing is discriminatory about that,” he said.

The spaza shops also need upgrade and their owners should look into it , he added.“Every spaza shop must be licenced to operate and more importantly for me,they must have a bank account and a tax number,” Mboweni said.

He said these shop owners must be ready to open their doors to the health department to be inspected.“So there will be many changes in new way things are by being done. As the ministry of finance we are ready to play our part in the change
,” Mboweni said.

SOURCE:Sowetolive