Peermont rescues businesses in Ekurhuleni
The looting earlier this year is still fresh in the memories of many a business owner who suffered damage to his or her business.
Peermont Resorts have 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 local businesses who were affected by the looting that occurred in July 2021. Many small businesses did not have insurance to cover the damage and theft, resulting in the trust to come 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.
PCBT demonstrated it’s commitment to assisting local businesses by replenishing stock and replacing specialised equipment so they can function optimally again in the communities in which they serve.
Mdluli Optometrist in Katlehong received a R250 000 investment to repair their store in the Sam Ntuli Mall, replace stock and eye-care equipment. Nonkululeko Mdluli, the owner of Mdluli Optometrist, is a resident of Alberton. As the only optometrist 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.
For more information on Peermont’s Social Corporate Investment initiatives visit www.peermont.com
