More than 40 small businesses, including grocery shops and a liquor store, were looted and burnt down in Alexandra township last week in the riots.
The Greater Alexandra Chamber of Commerce and Industry believes the events of last week were not just criminally motivated, but were also caused by inequality, unemployment and lack of job creation. Baloyi said the chamber’s priority was to promote entrepreneurship, in collaboration with corporates, to stimulate economic activity and create an environment conducive for job creation.“This has grave consequences not only for local businesses but for the people who rely on these shops.
Source: News Formal (newsformal.com)
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