Business owners in Philippi live in fear as extortionists demand they pay up or be killed

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

Business owners who shared their experiences say paying extortion money is not an option but a requirement in order to continue trading.

CAPE TOWN - Small business owners in Philippi claim they are forced to pay a monthly protection fee of up to 50% of their profit or they will be killed.

Another salon owner in the area who is paying 50% of what he makes every month says many businesses had to close down.

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:

 /  🏆 30. in BUSÄ°NESS
 

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

Business Business Latest News, Business Business Headlines