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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.
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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.
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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.
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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.
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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.
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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.
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The SAIA Treating Customers Fairly workgroup on Standardised Terminology has compiled a list of common terms and their meanings as used in personal-lines insurance policies that are potentially confusing to consumers.
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Businesses and individuals who have suffered losses during the violence and unrest are well advised not to make fraudulent insurance claims for their losses.
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Effective rule of law reduces corruption, combats poverty and disease, and protects people from injustices large and small. It is the foundation for communities of justice, opportunity, and peace - underpinning development, accountable government, and respect for fundamental rights.
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With the commencement of the Cybercrimes Act on the 1st of December, it is now a crime to send WhatsApp and other messages, and to create social media posts that threaten to harm others, or which result in violence or damage to property.