South Africa: DTI Reopens Applications for MCEP

19 September 2016

Pretoria — The Department of Trade and Industry has reopened applications for the Manufacturing Competitiveness Enhancement Programme (MCEP).

"The current reflows of the industrial financing loan facility allows for a reopening of another window for pre and post-dispatch working capital loans, limited to R50 million for each qualifying manufacturer at a fixed rate of 4% per annum.

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