South Africa's 4B Rand Recovery Fund to help businesses after KZN | Gauteng looting
Minister of Trade, industry and competition Ebrahim Patel has announced a recovery fund for businesses affected by violent looting in July. ย The R3.9B program is a tiny fraction of the R38B (mostly welfare handouts) the government announced earlier this week. ย
This paltry pittance will NOT do much to help business recover. ย The physical damage and destruction from looting and arson is far greater that the insultingly tiny "relief" program Patel has announced. ย
South Africa's ruling ANC is responsible for this disaster and the billions of Rand private citizens have lost, owing to either its incompetence and tolerance for a culture of impunity nad lawlessness or its complicity in the events that unfolded for nearly two week in KwaZulu-Natal and Gauteng provinces in July 2021.
Patel, SouthAfrica, looting, KZN, Gauteng, business, ANC
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