South Africa's 4B Rand Recovery Fund to help businesses after KZN | Gauteng looting
The All Things Africa Podcast

South Africa’s 4B Rand Recovery Fund to help businesses after KZN | Gauteng looting

2021-08-01
Minister of Trade, industry and competition Ebrahim Patel has announced a recovery fund for businesses affected by violent looting in July.  The R3.9B program is a tiny fraction of the R38B (mostly welfare handouts) the government announced earlier this week.   This paltry pittance will NOT do much to help business recover.  The physical damage and destruction from looting and arson is far greater that the insultingly tiny "relief" program Patel has announced.   South Africa's ruling ANC is responsible for this dis...
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