Three months after small KwaZulu-Natal businesses were hit by civil unrest and looting, financial relief is finally on the way.
The province’s economic, development and environmental affairs department and Industrial Development Corporation together with Trade and Investment KwaZulu-Natal have established a business support fund valued at R30m.
“To mitigate the damage caused, TIKZN in collaboration with its strategic partners launched a special fund to support the affected SMMEs in urban, rural and township areas to restore what has been lost, preserve jobs and continue with efforts to re-industrialise the economy. TIKZN CEO Neville Matjie said: “We continue to work with all South Africans to rebuild an economy that is more resilient and sustainable.
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R30m financial relief for small KZN businesses hit by unrestThree months after small KwaZulu-Natal businesses were hit by civil unrest and looting, financial relief is finally on the way.
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