Peermont helps local businesses affected by looting
Many small businesses did not have insurance to cover the damage and theft that occurred in the middle of 2021, resulting in the Trust coming to their aid under the project: Let’s Rebuild Together.
Peermont Resorts donated R750 000 to assist Ekurhuleni businesses that were affected by the looting that took place in July.
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Peermont has always played a role in uplifting local communities in which they operate.
Peermont’s Community Benefit Trust (PCBT), in conjunction with flagship resort Emperors Palace, assisted three businesses in the Ekurhuleni area.
Many small businesses did not have insurance to cover the damage and theft that occurred in the middle of 2021, resulting in the trust coming to their aid under the project: Let’s Rebuild Together.
The PCBT invested R750 000 in three businesses in the Daveyton, Katlehong and Spruitview areas that suffered enormous losses from riot action that left their stores stripped bare.
“One of our pillars in assisting local communities is Entrepreneurial Development and independent businesses are important not only in providing essential and bespoke services but for providing job creation to support families,” said trust manager Makomane Ntabo, who was instrumental in identifying businesses who were most affected.
They assist the businesses by replenishing stock and replacing specialised equipment so they can function optimally again in the communities in which they serve. One of the three businesses selected were Mdluli.
Optometrist in Katlehong, who received a R250 000 investment to repair their store in the Sam Ntuli Mall, replace stock and eye-care equipment. As the only optometrists in the area, they play an important role in the community.
Junxion Pharmacy in Spruitview was looted of all their stock and computers. They received a R250 000 investment to replace their stock and IT systems in order to be able to service the community with chronic medication and much-needed Covid-19 vaccinations.
Posterity Drycleaners in Daveyton received a R250 000 investment to replace washing machines, dry cleaning equipment and chemicals needed to resume business in order to support the employees and their families who work at their branches.
