# Government says while progress of the Spaza Shop Support Fund is encouraging, it recognises that many small businesses still face challenges that affect their ability to formalise and grow. The 500-million-rand fund is aimed at helping locally-owned spaza shops to formalise their operations, meet regulatory requirements, and enhance their competitiveness. Spokesperson William Baloyi says one of the key barriers has been the delay in obtaining municipal trading permits and licences:
Government says it is urgently addressing challenges facing small businesses [SOUND]
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