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Johann Rupert's Covid-19 fund to loan R100m to SA restaurants - Vimarsana News

Johann Rupert's Covid-19 fund to loan R100m to SA restaurants

The fund formed to distribute money donated by Rupert Family and Remgro in 2020 will loan R100 million to struggling restaurants. The fund formed to distribute money donated by the Rupert Family and Remgro in 2020 will loan R100 million to struggling restaurants. The Sukuma Fund, which was formed to distribute R1 billion donated by the Rupert Family and Remgro Limited to support small businesses last year, announced a partnership with the Federated Hospitality Association of Southern Africa (FEDHASA) to try to preserve jobs in the sector. Now it has decided to direct some ...

Source: news24.com