Government has paid out R1.5bn to businesses hit by July looting: Patel

Updating the media on Tuesday about the economic relief package, trade and industry minister Ebrahim Patel said the unrest left enormous economic damage in its wake.

2021-10-20 12:16:00 AM

Updating the media on Tuesday about the economic relief package, trade and industry minister Ebrahim Patel said the unrest left enormous economic damage in its wake.

Updating the media on Tuesday about the economic relief package, trade and industry minister Ebrahim Patel said the unrest left enormous economic damage in its wake.

Patel said in total they supported 320 business sites which employed around 30,800 workers.“We have also worked with some associations and groups. If I take the example of the sugar industry, we have received an application from sugar farmers whose cane in many cases was burnt. They suffered other damage and the IDC has made available R85m to cover 192 sugar farmers.

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“This is over and above the number I have given you now of R1.5bn. The reason we count it separately is that this has been approved, and we are making sure that money goes through the system up to the final beneficiary. As it gets to each beneficiary, the small-scale farmer, we will aggregate it to our total numbers,” he said.

They have also worked with the Solidarity Fund, which has contributed R150m to help with recovery of the economy, Patel said. “Key infrastructure, commercial infrastructure in particular, was damaged. The livelihoods of ordinary South Africans were deeply undermined. You had not only business owners staring ruin in the face but many workers were left with premises that were burnt or looted. In that context we need to move with some speed.” headtopics.com

He said they were working to rebuild infrastructure, like industrial parks and big malls, that have been affected by the looting. Read more: Times LIVE »

LIVESTREAM: Police Minister testifies at SAHRC hearings

The Human Rights Commission hearings into the July unrest continues on Friday.

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Solidarity Fund and NEF to provide R450m to businesses hit by lootingThe Solidarity Fund and the National Empowerment Fund have teamed up to offer R450m in financial assistance to businesses affected by the civil unrest that gripped KZN and Gauteng earlier this year.

Solidarity Fund and NEF to provide R450m to businesses hit by lootingThe Solidarity Fund and the National Empowerment Fund have teamed up to offer R450m in financial assistance to businesses affected by the civil unrest that gripped KZN and Gauteng earlier this year. People who give up are the people who lose in life, my first experience happens to be a failure but i never gave up cause I knew it was going to work out for me trying continuously, fortunately I'm smiling ☺ today getting involved with lethica10 All this money will go to the ministers and their buddies. Or non existent beneficiaries. Just like how lotto is won by non existent people It will be collected by that guy 'let's protect our malls'. If you know what I mean

R1.5-billion in funding approved for riot-hit businesses - The Mail & GuardianR1.5-billion in funding approved for riot-hit businesses - Agencies emphasise that speed is crucial to rescuing firms affected by July’s unrest

Solidarity Fund and NEF to provide R450m to businesses hit by lootingThe Solidarity Fund and the National Empowerment Fund have teamed up to offer R450m in financial assistance to businesses affected by the civil unrest that gripped KZN and Gauteng earlier this year. I know we all probably must have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to leticia_thomas1 on Twitter she guides me through and i made a return of R15500 after a week of trading, connect with her SASRIA uyahlulekani? I wish they can engage directly with the affected people than taking that money to CyrilRamaphosa of MYANC at Luthuli House. EFFSouthAfrica

'Sphithiphithi’ used social media account to alert state over lootingThe woman behind the infamous Twitter account African Soil aka “Sphithiphithi Evaluator” says she used her social media account to call on the government to intervene during looting and not incite violence. MPHOKOKA1 You are talking rubbish again.

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