A successful partnership between The Jobs Fund, a R9 billion challenge fund that leverages relationships with the private and public sectors to create jobs, and the Ashburton Credit Enhancement Fund (ACEF), saw an innovative guarantee mechanism leverage R679 million in private funding off the back of a R68 million guarantee grant. The resulting matched funding ratio of 1:7.5 created over 9000 new permanent jobs and will, in time, crowd further investment into South African SMEs. (more…)
Subscribe to our free newsletter
Stay at the forefront of financial advisory excellence with MoneyMarketing's weekly insights. As a professional adviser, you'll receive carefully curated content that enhances your practice and client relationships without cluttering your inbox. Our commitment to delivering only relevant, actionable intelligence helps you make informed decisions that drive your business forward. Join our community of leading financial professionals today and transform your practice with our complimentary newsletter—because your success is our priority.
