Govt To Avail $19,5 Million For Businesses Destroyed During January Riots – Mthuli Ncube

The Minister for Finance and Economic Development, Mthuli Ncube on Friday said that the government will provide $19,5 million from a special fund for businesses that were destroyed during last month’s protests.

Ncube revealed this while speaking during a meeting with various stakeholders at Mhlahlandlela Government Complex. Said Ncube:

Hundreds of businesspeople lost property, people lost employment and families were impacted. We therefore want to give them a head start and help them start again. We’ll be setting up a fund to raise the $19, 5 million to assist the business people. We’re here to support businesses and help them recover.

- - - Buy NetOne, Telecel Airtime on WhatsApp using EcoCash.
Send the word Airtime to +263 714 815 229
No extra charges. - - -

We’ll try our best to move as quickly as we can. We’re going to prepare a report and the inter-ministerial committee will present the report to the President and Cabinet. Once approved we’ll then set up a technical committee to manage the disbursement of the funds.


More: Chronicle

Satisfaction survey
How likely is it that you would recommend Pindula News to a friend or colleague?
SuggestionsHow can we improve?
You have already submitted your feedback the vote. If you would like to add more feedback please write us on


Back to top

2 comments on “Govt To Avail $19,5 Million For Businesses Destroyed During January Riots – Mthuli Ncube

  1. Government should also financially compensate the families of the 17 people they have murdered, also the Government should pay compensation and the medical expenses of the hundreds of people they have injured and also compensate the women they have raped. Government should also provide compensation for the damage they caused to houses and businesses, windows they broke, cars the smashed, TV’s they smashed, computers and phones and toilet bowls they broke.

Write a Comment

Your email address will not be published.