The recent violence and looting in the country has exacerbated the crisis faced by an already fragile economy and business community.
A multitude of businesses, already severely affected by the Covid-19 pandemic, have been devastated, destroyed and gutted by looters and have been left with few options in their fight for survival.
Although some of these businesses may have insurance for these eventualities, a lot of them do not, as it is simply not affordable, and even those who do, have to continue with the payment of overheads while they are waiting for an insurance payout, which may take a long time, without being able to trade and generate an income.
Such eventual insurance payouts can in any event not compensate for the loss of customers, goodwill and the inability…