Banks will administer interest-free loans on behalf of the South African Future Trust (SAFT), established by Nicky and Jonathan Oppenheimer.
The Presidency has welcomed the move.
Minister in the Presidency Jackson Mthembu says President Cyril Ramaphosa will only update South Africans on Monday.
Standard Bank will offer its business clients some financial relief amid the Covid-19 crisis.
The South African Social Security Agency (Sassa) will pay pensioners and persons with disabilities early for the month of April.
South Africa is one of several countries taking part in an international study to find the best treatment regimen for coronavirus.
With families staying indoors, healthy lifestyle expert David Katz says it's important to use this time to create an organised space.
President Cyril Ramaphosa implemented travel bans with immediate effect after declaring the Covid-19 outbreak a national disaster.
The Health Ministry has announced 13 new cases of coronavirus in SA, pushing the total to 51.