Business owners feel betrayed by the communities they served

  • 📰 IOL
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

Business News News

For those who were deeply invested in the communities they operated in, it is not the lost revenue and damage to their assets that hurts the most, but rather what they see as betrayal. busrep Violence looting

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

busrep lovely1642 you are a trader with so much ambitious goals towards his clients, a woman with love for others. You're honest when it comes to investment Thanks for changing my life financial i will be greedy if I don’t share this guys Contact lovely1642 for a successful trade

busrep 🇿🇦🇧🇷🇿🇦SaveSheikhJarrah , SaveSilwan , SaveLifta , SaveBeita , SaveYaffa , savedaraa , FreePalestine , EndIsraeliApartheid , ForaBolsonaro , ForaBolsonaroGenocida , PalestineUnderAttack , WhatsHappeningInMyanmar

busrep Aftermath for me is the manifestation of Section 10 of the Constitution of the Republic of South Africa provides for the right to human dignity. No one came to scavenge for recyclable compelled by excessive hunger and poverty.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 46. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business owners and workers devastated by ongoing looting | CitypressEmployees and business owners in Gauteng have been left in despair after their livelihoods were gutted by the ongoing looting and vandalism of shops and malls across the province. 💔💔💔 Eish that's not good at all.People are loosing the jobs Heartbreaking ! Unemployment increases !
Source: City_Press - 🏆 7. / 72 Read more »