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economic relief packagelatest news & developments
The 2021 July riots were the most widespread, coordinated, and visible instance of looting in South Africa.
ZUMAUNREST

R1.5bn in funding approved for riot-hit businesses

Agencies emphasise that speed is crucial to rescuing firms affected by July’s unrest

  • Sarah Smit
2 min read
In 2020, former finance minister Tito Mboweni Tito Mboweni announced his plan to reduce the public sector wage bill in an effort to squeeze some of the air out of the country’s ballooning debt and fiscal deficit. (Delwyn Verasamy/M&G)
COVID 19

Mboweni extends R38bn to cope with double calamity of Covid-19 and unrest

The finance minister extended the Ters relief and the social distress relief grant, and also ensured businesses hit by looting can access insurance

  • Emsie Ferreira
3 min read