"I'm speechless," the 45-year old told Reuters on Wednesday standing next to 58 burnt cars. Among the severely burnt cars was an unrecognisable second hand Range Rover Evoque worth 220,000 rand ($15,000), which stood alongside low to high-end cars. Many of South Africa's small, medium-sized and micro enterprises (SMME) are not insured, compounding any attempts of recovery of those damaged in the unrest. "We small businesses, nobody wants to insure us here in Jules (street), it's a high risk area. A survey done by the Small Business Institute (SBI), revealed last year that as many as 55,000 SMMEs may not make it through the COVID-19 pandemic.

Source: The Star July 14, 2021 17:37 UTC