More than R900-million has been allocated by National Treasury to the South African Police Service and the National Defence Force to bring about peace and stability after the recent protests and looting in Gauteng and KwaZulu-Natal.
Finance Minister Tito Mboweni says the assistance comes in response to President Cyril Ramaphosa’s recent calls to better equip the country’s law-enforcement agencies to respond to protests.
Mboweni says R250-million has been allocated to SAPS, while R700-million has been allocated to the SANDF.
He says damages to buildings and infrastructure amounted to billions of Rand.
Read the Minister’s full statement here.
Related articles:
- South Africans may in future have access to retirement-savings to service debt.
- SARB urges residents to not use/accept stained banknotes.
- Ramaphosa: South Africans’ greatest strength is to unite in the face of a common threat.
— National Treasury (@TreasuryRSA) July 28, 2021
Minister @tito_mboweni to brief the media on the economic support package as announced by @PresidencyZA https://t.co/aTgwW9dn38
— National Treasury (@TreasuryRSA) July 28, 2021
