WATCH NOW: IDC Webinar – April 2020

WATCH NOW: IDC Webinar – April 2020

Exporters Eastern Cape hosted its first webinar on Wednesday, 29 April 2020 with Kingsley Dell-Robertson from the Industrial Development Corporation (IDC) as guest speaker.

See below the second newsletter from IDC outlining the funding opportunities available and the funding summary document on Google Docs that Kingsley mentioned in the webinar.


You are more than welcome to contact Kingsley directly for more information:

Kingsley Dell-Robertson

Industrial Development Corporation

Regional Manager: Eastern Cape (West), Port Elizabeth Office /

041 363 1640 (PE Office) / 011 269 3000 (Head Office)


Contact the Branch Coordinator, Suzanne Vermeulen at to suggest other topics for upcoming webinars. 

IDC Funding Interventions Webinar

IDC Funding Interventions Webinar

Join Exporters Eastern Cape and the Industrial Development Corporation (IDC) on Wednesday, 29 April 2020 at 11:00 for a discussion on the Covid-19 funding interventions available and the steps companies need to take to access these interventions.

Topic: How IDC can assist your business through COVID-19



Do you have a specific question for Kingsley at IDC?

Send it to by 12:00 on Tuesday, 28 April 2020.


DATE:       Wednesday, 29 April 2020
TIME:        11:00

Click on the button below to register.

Covid-19 Financial Interventions

Covid-19 Financial Interventions

1. Banking Sector

The Department of Trade, Industry and Competition has passed regulations in the banking sector providing various exemptions. These will permit banks to work together to the benefit of small businesses, consumers and firms in distress. Currently, banks are offering a variety of debt-payment delays and other options to the benefit of both individuals and corporations. You are required to contact your relevant bank for further details.

2. Compensation Fund

Employees who fall ill through exposure at the workplace (both at home and the ordinary workplace) will be compensated through the Compensation Fund.

3. Department of Small Business Development

This department has made R500 million available to distressed SMEs. Registration is now open for small and medium-sized businesses that require help during the coronavirus crisis. Registration takes place at

4. Employment tax incentives – tax subsidy (‘ETI’)

A new tax subsidy of up to R500 per month for the next four months for employees earning below R6 500 per month has been introduced. SARS has undertaken to accelerate the ETI reimbursement from twice per year to monthly.

5. Industrial Development Corporation (‘IDC’)

The IDC, together with the Department of Trade, Industry and Competition, has committed R3 billion to a range of funding products in support of businesses to address vulnerable firms and for companies critical in the fight against the coronavirus and its economic impact. Click here to download the IDC newsletter with more information.

6. Informal sector support

A safety net is being developed to support persons in the informal sector and we eagerly await announcements in this regard.

7. National Disaster Benefit Fund (‘NDBF’)

R30 billion has been allocated to this fund, which is obliged to pay Unemployment Insurance Fund (‘UIF’) benefits for up to three months to qualifying employees whose income has been impacted by the coronavirus pandemic. This fund has thus been created to address the coronavirus-related job losses, support job retention, facilitate illness pay-outs and reduce claim times. We await the announcement of further details in this regard.

8. PAYE and provisional corporate income tax

Tax compliant businesses with a turnover of less than R50 million will be allowed to delay 20% of their PAYE liabilities over the next four months and a portion of their provisional income tax payments, without penalties or interest, over the next six months.

9. Solidarity Response Fund (‘SRF’)

This fund was set up in response to President Ramaphosa’s call on individuals and businesses to contribute financially to measures that will deal with combatting the negative effect of the coronavirus crisis. Johann Rupert and Nicky Oppenheimer have both donated R1 billion each into this fund. It has also been announced that Patrice Motsepe as well as Mary Oppenheimer have also each pledged R1 billion in support.

10. South African Future Trust (‘SAFT’)

The Oppenheimer family has established this trust to distribute the family’s R1 billion donation with the sole purpose of extending financial benefits to employees of small, medium sized and macro enterprises (‘SMMEs’). This is to be executed by way of interest-free loans to employees of participating SMMEs over a five-year term, allowing businesses to recover from short term cash flow constraints. Such businesses are required to apply to banks for loans and these will be used to pay eligible employees’ remuneration. The employees themselves will carry no liability and will not have to pay the money back. The banking partners are Standard Bank, First National Bank, Absa and Nedbank.

11. South African Social Security Agency (‘SASSA’)

This organisation has undertaken to pay the grants for pensioners and people with disabilities earlier than usual.

12. Temporary employee/employer relief scheme (‘TERS’)

The Department of Labour has recently announced that employers who have to close their operations and are unable to pay their employees can apply for this benefit by contacting the Department on

13. Tourism relief funding

The Department of Tourism has made an additional R200 million available to assist SMEs in the tourism and hospitality sector who are under particular stress due to the new travel restrictions associated with the lockdown.

14. Unemployment Insurance Fund (‘UIF’) claims

Where a contributor (an employee contributing to the UIF) has been self-quarantined for 14 days or, in special circumstances, for more than 14 days, the employee will be covered under Part C of the Unemployment Insurance Act, as amended, and thus qualify for such illness benefits. In addition, where employees are required to work short time (reduced working hours), and obviously if they qualify as contributors, they are entitled to now claim from the UIF.

15. VAT exemption for essential goods on importation

This applies only to certain imported goods. As a result of the measures in place in terms of the Disaster Management Act 57 of 2002, ‘essential goods’, as defined in regulation R398 of Government Gazette No 43148 of 25 March 2020 (per paragraph A of Annexure B), will be subject to a VAT exemption and a further full rebate of customs duties on importation during the lockdown (in terms of Item 412.11/00.00/01.00 of Schedule 1 to the Value Added Tax Act 89 of 1991 and rebate item 412.11 of Schedule 4 of the Customs and Excise Act 91 of 1964).

16. VAT timeframe for the export of goods by vendors and qualifying persons affected by the coronavirus

The Binding General Ruling has been issued to address the Export Regulations and Interpretation Note 30 (‘IN30’) which, in essence, prescribes the time periods to export movable goods, apply for a refund from the VAT Refund Administrator and to obtain the relevant documentary proof of export. The Export Regulations and IN30 allow for an extension of the aforementioned time periods, whereby these periods cannot be met because of circumstances beyond the control of the qualifying purchaser or the vendor. In view of the current lockdown and the measures put in place to deal with it,qualifying purchasers and vendors will have difficulty in meeting the above mentioned prescribed time periods as contained in the Export Regulations and IN30.

IDC Covid-19 Funding Interventions

IDC Covid-19 Funding Interventions

IDC is aware of the strain that companies are experiencing during this period. As a consequence, IDC – your partner and development funder of choice – have devised a range of Covid-19 funding interventions aimed at alleviating the impact of this pandemic on our economy. They have drawn up stringent criteria, because not every applicant is eligible to access these emergency Covid-19 funds.

Find below IDC’s newsletter which contains update on Covid-19 and IDC’s response to Covid-19, namely the Covid-19 Essential Supplies Intervention and Covid-19 Distressed Funding with criteria attached.

Propella Team Develops Low-Cost Automated Bag Mask Ventilator

Propella Team Develops Low-Cost Automated Bag Mask Ventilator

Seeing the need for devices to assist people suffering from Corona-19 and other diseases, a multi-disciplinary team of innovative young engineers based at the Propella Business Incubator in Port Elizabeth have dropped all their other projects to develop a low-cost bag mask ventilator.

The device fills the urgent need for a low-cost non-invasive ventilator for less serious cases, and frees up the expensive units used in intensive care units for those in need of advanced care. “I was impressed by the simplicity, yet effectivity of the design,” says Port Elizabeth anaesthetist specialist Dr Hennie Smit.

“It is meant to assist respiration and not full ventilation, and therefore only needs a tight-fitting face mask, and is suitable for use in general wards where it can be monitored by non-specialist nurses,” he said after evaluating the working prototype. Dr Smit’s assessment is supported by an award-winning Port Elizabeth-based pulmonologist, who has provided guidance on additional features.

Propella incubatees and Nelson Mandela University engineering students Zain Imran and Neo Mabunda teamed up with Zain’s brother Zaahid and Kelvin Langwani to develop a working prototype within five days.
“In anticipation of the lockdown we moved our 3D printer and other necessary equipment and components such as motor and microcontroller from Propella to Zain’s home for the lockdown,” says Mabunda.

The team, which has complementary engineering skills, is now back at the Propella Business Incubator, with special permission. At the heart of the unit is an inexpensive plastic pouch called a bag-valve resuscitator, or Ambu bag, which most hospitals already keep – and, crucially, according to Zain Imran, already has the necessary medical certification.

“We set the standards based on WHO (World Health Organisation) requirements for ventilators and ticked all the boxes, such as the volume of air delivered to the lungs, the breaths per minute, Inspiration/Expiration Ratio (IE) and control/fail-safe capabilities,” says Imran.
“The result is a pre-intensive care ventilator that ticks many of the requirements of a high-end ventilator,” he adds.

The Salutaris (Latin for life-saving) device is powered by a servo motor that expands and contracts two arms. Rapid prototyping was possible thanks to the 3D printer. It can be powered by mains or a car battery.
Durability testing is underway.

The Propella team is also linked into the Massachusetts Institute of Technology (MIT) in the United States, which is working on a similar concept.

“A number of teams around the world have announced ventilators which appear to be functional, but where the Salutaris differs is that it is a highly engineered solution designed from the outset for manufacture with full production and cost optimisation in mind,” says Engeli Enterprise Development operations director Wayne Oosthuizen.

Engeli, which founded the Propella incubator together with the NMU, is assisting with fund-raising and commercialisation of the bag ventilator to ensure it is made available to hospitals and clinics as soon as possible.

“We are aiming to start production as soon as the tooling for the injection moulded parts is complete. All that is holding us back is the finalisation of the funding needed for the tooling and initial investment in components,” says Oosthuizen.

Another Propella incubatee Clifford Hamilton is working on the moulds and helping with the design to make it as efficient as possible for manufacturing.

Final pricing is not yet available as some components will have to be imported, “but we are setting our pricing benchmark at R5 000 or less.
“This isn’t about maximising profits, but getting an operational and cost-effective ventilator into hospitals,” says Oosthuizen.

A production facility is being designed with the help of Grant Minnie of Propella, who is an industrial engineer. “We have the factory space and are sourcing certified reusable face masks, which will both bring down the operating costs of the machines and speed up delivery. “The plan is to produce up to 20 000 units a month, if the market demands this,” he says.

“This fast-track rollout from concept to production shows the power of the Propella ecosystem which we have crafted over the past few years,” says Propella manager Anita Palmer.

For more information or if you would like to be involved visit the Propella website,

Neo Mabunda (left) and Zain Imran with the Salutaris bag mask ventilator prototype which was developed in five days.

Salutaris: The Salutaris bag mask ventilator prototype.