Naf­coc ap­palled at up­surge in van­dal­ism

Weekend Argus (Saturday Edition) - - LIFE -

THE Na­tional African Fed­er­ated Cham­ber of Com­merce (Naf­coc) is con­cerned with the resur­gence of van­dal­ism, dam­ag­ing and loot­ing of black busi­nesses after the re­cent spate of un­rest and ri­ot­ing in the town­ships.

Naf­coc rep­re­sents mainly small and medium en­ter­prises in eight sec­tors and in all the nine prov­inces. Most of our mem­bers are lo­cated in the black town­ships.

We there­fore con­demn this wan­ton and sense­less de­struc­tion and loot­ing of our mem­bers’ busi­nesses.

We are con­cerned that these vi­o­lent ac­tions not only en­dan­ger the lives of our mem­bers but also threaten their liveli­hoods and the liveli­hoods of those who work for them.

It is now an es­tab­lished fact that small and medium en­ter­prises are the most ef­fec­tive gen­er­a­tors of em­ploy­ment.

Ac­cord­ing to Landiwe Mahlangu, Naf­coc’s chief econ­o­mist, for ev­ery black busi­ness that ex­ists, at least four other peo­ple are gain­fully em­ployed.

“Even more im­por­tant, these acts of van­dal­ism on town­ship busi­nesses have the po­ten­tial to un­der­mine the im­ple­men­ta­tion of town­ship econ­omy re­vi­tal­i­sa­tion” Mahlangu said.

Our view is that town­ship­based en­trepreneurs, traders and in­dus­tri­al­ists are cen­tral to town­ships’ eco­nomic re­vi­tal­i­sa­tion.

Na­tional African Fed­er­ated Cham­ber of Com­merce there­fore calls on upon the mu­nic­i­pal­i­ties and pro­vin­cial au­thor­i­ties to act swiftly to stem this trend and al­le­vi­ate the plight of town­ship-based en­trepreneurs who have been af­fected.

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