Govt paid out R2.4bn so far to businesses affected by July unrest

The July 2021 unrest and the floods in KwaZulu-Natal in April this year have seen the Department of Trade, Industry and Competition (dtic) and its entities make available R3.5-billion in support. The dtic on Tuesday briefed the Portfolio Committee on Trade, Industry and Competition on the support package to aid economic recovery given the impact of the unrest and the floods. They shared that R2.4-billion – or 80% of the R3-billion approved by the department and its entities – has been disbursed to businesses affected by the unrest.