The National Empowerment Fund (NEF) and the Solidarity Fund’s Unrest Relief Fund (URF) have established a R450 million funding programme aimed at supporting businesses that were damaged in the recent riots in KwaZulu Natal and Gauteng.

Businesses affected by the unrest which took place during 9 - 19 July have until Thursday, 30 September at 17:00 to register on the Business Loss Registration Portal as announced by government last week.  

eThekwini’s One-Stop Centre is open and ready to assist businesses with a number of initiatives aimed at recovering and rebuilding after the civil unrest and looting.

To avoid wasting time and money on legal fees in seeking clarity from the courts, review your commercial lease contract, as we discuss the impact of looting.

The National Empowerment Fund’s Economic Recovery Fund has a focus on manufacturing, retail and services businesses, while the Small Enterprise Finance Agency (Sefa) Small Business Development Business Recovery Support Packages support informal and micro businesses sector.