IDC COVID-19 Essential Supplies Intervention

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INDUSTRIAL DEVELOPMENT CORPORATION (‘IDC’) COVID-19 ESSENTIAL SUPPLIES INTERVENTION

The IDC COVID-19 Essential Supplies Intervention has been launched to provide funding to companies that have the capacity to acquire and/or manufacture products required to treat, curtail and combat the spread of the current pandemic.  Download the relevant documentation from the IDC setting out:

  • the beneficiaries of such funding
  • what essential medical supplies include
  • the financial instruments available
  • the terms of the facilities

IDC: RELIEF FUNDING FOR DISTRESSED BUSINESSES

The IDC has also announced assistance for companies that are in distress as a result of the pandemic.

Download the document setting out, amongst others, the following:

  • the beneficiaries of such funding
  • the sectors covered by the funding
  • qualifying criteria
  • terms of facility

It is apparent that government initially took the viewpoint that vaccination against Covid-19 should not be compulsory.  However, it appears that the recently-promulgated Consolidated Directions on Occupational Health and Safety Measures (‘the Directions’)[1] signifies a very different approach.

Watch out for the SALLR 37th Annual Seminar this year.

Watch out for the SALLR 37th Annual Seminar this year.