Business owners impressed by IDC's swift, efficient action after riots

acted swiftly to support the economy and communities in distress when unrest rocked SA in July.

Through its R1.5bn Post Unrest Business Recovery Fund , the IDC has successfully helped to restore more than 30,000 jobs that were lost due to riots and looting in various parts of the country — mostly in KwaZulu-Natal and Gauteng. Many of the beneficiaries of the PUBRF have been impressed with how quickly and efficiently the corporation helped them get their businesses back on their feet.in Gauteng says she was given a much-needed sense of hope when she got an immediate response from the IDC on a weekend.

With the corporation’s help, Dunywa-Maponya was able to reinvigorate her pharmacy, buy stock and get her employees — who had been anxious about the security of their jobs — back to work. In doing so, she was also able to continue to be of service to her community during a trying time.

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IDCSouthAfrica Imagine if there was no need for a recovery fund then the R1.5bn, in your own words, could have created new businesses (rather than restore those that already existed) and create 30,000 NEW jobs

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Business owners impressed by IDC's swift, efficient action after riotsSPONSORED | Through it's R1.5-billion recovery fund, the Industrial Development Corporation has successfully restored over 30,000 jobs that were lost due to the July unrest
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