He said he was surprised when he got a call that his restaurant was looted and vandalised. “When I look at the damage, I estimate that it could be more than R100 000.”
Moeti vowed that he will not move his business out of the area. “I will keep my doors open because I have employees that need to feed their families,” he said. He hires 15 employees excluding car guards outside the premises. He said he was worried about the damage because every time he went to assess it he would find something new missing. “I haven’t assessed the damage, I will do so on Wednesday. I am not sure if my insurance will pay. Short-term insurance can sometimes be tricky,” he said.
BUTCHER owner, Tony Mkhabela is left picking up the pieces after his butchery was broken into and looted by protesters in Jabulani, Soweto. Photo supplied. These three business people are just some of the thousands of business owners whose shops have been looted by protesters, who have taken to the streets allegedly in the name of former president Jacob Zuma.
North West University Business School economist, Professor Raymond Parsons said the current cycle of violence had posed a risk to the present economic recovery.
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