Lexis Nexis
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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. -
Building resilience to future exposure of business interruption triggers and extreme events includes protecting the most vulnerable and largely excluded small and medium business enterprises with accessible insurance. -
Micro, Small and Medium Enterprises contribute hugely to employment creation and development opportunities in South Africa’s, yet it is in many ways an unseen sector crying out for its potential to be unlocked. -
The IDCs Post-Unrest Business Recovery Fund, MCEP Economic Stabilisation Funds and matching grants: providing industrial loan support to affected companies towards the rebuilding of infrastructure, and restoration of equipment, fittings for the premises, stock, and provision of working capital. -
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. -
The proposed creation of an Office of the Small Enterprise Ombud Service for Small Medium and Micro Enterprises should help to create a protective and supportive environment for SMMEs. -
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. -
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.