GP announces economic response package, plans to assist KZN after recent riots

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GP announces economic response package, plans to assist KZN after recent riots | tshidi_lee

JOHANNESBURG – The Gauteng government has announced measures for rebuilding and accelerating the province's economy in light of the recent unrest and lockdown regulations due to COVID-19.

Tau was part of the provincial command council media briefing led by Premier David Makhura on Friday, where Makhura said the cost of the recent unrest amounted to at least R3.5 billion.Tau said Gauteng had mostly experienced damage to structures and cost to stock, and that the province – which plans to work in partnership with various stakeholders – would also assist KwaZulu Natal businesses that were affected by the unrest through providing warehousing.

“Indeed, there are matters of confidence that we need to address as we develop a response package. In developing our response package, we have undertaken international benchmarks as to what other countries have done in instances where they have experienced similar riots.

 

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tshidi_lee As usual the economic package will mostly disappear in the anc structures. The target business will receive very little.

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