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cedric masondolatest news & developments
Of all claims received, R12.6-billion has been paid out as of 15 November, with a target of settling 80% of claims up to R60-million by March 2022. (Photo by GUILLEM SARTORIO/AFP via Getty Images)
CEDRIC MASONDO

State-insurer Sasria receives R32bn in claims relating to July unrest

Sasria says it has paid out R12.6-billion in claims. The state-owned insurer said will be profitable by 2022, thanks to treasury’s additional R11-billion allocation

  • Anathi Madubela
2 min read
Reality: A police official arrests a woman after the Lotsoho Mall in Katlehong, southeast of Johannesburg, was looted and vandalised. (Photo by Phill Magakoe / AFP)
CEDRIC MASONDO

Sasria to get R3.9bn from Treasury to cover July unrest insurance claims

Claims totalling more than R5.8-billion had already been paid out to businesses

  • Anathi Madubela
2 min read