Johannesburg, 11 May 2021 –  Qualifying independent restaurants, which are members of FEDHASA, have been given another shot in the arm with a recent partnership between FEDHASA and  The Sukuma Fund in which just over R100 million has been secured to provide immediate cashflow and rental relief.

To qualify, independent restaurants must be FEDHASA members, must be formally registered and regulatory compliant, and must provide evidence of financial solvency and future viability, among other criteria……………

The Sukuma Fund to focus on preventing more restaurant closures.

24 May 2021: It is estimated that in South Africa, nearly 30 percent of restaurants were forced to close their doors during the height of the nationwide COVID-19 lockdown in 2020. The hospitality sector – which employs a high volume of labour – was one of the hardest hit by the pandemic, and is in dire need for some kind of relief….