Cyril Ramaphosa Confirms Allocation Of R1 Billion To KZN For Flood Relief | AfroNaija



 
Promote / Monetize Your Song With Us On WhatsApp: 09092093564
 
 
DOWNLOAD THIS MIX
News

Cyril Ramaphosa confirms allocation of R1 billion to KZN for flood relief

0
(0)

Cyril Ramaphosa confirms allocation of R1 billion to KZN for flood relief

Cyril Ramaphosa confirms allocation of R1 billion to KZN for flood relief

President Cyril Ramaphosa confirms the allocation of over R1 billion to KwaZulu-Natal for flood relief.

Over 13 593 households and 40 723 people were severely affected by the floods that killed at least 395 people, 355 of them in the eThekwini metro.

Below is how the money will be raised and spent:

– R152 million from the National Housing Finance Corporation’s Residential Rent Relief will be used for flood relief;

– R100 million from Social Housing Regulatory Authority’s Residential Rent Relief Grant;

– R45 million for 80 freshwater tankers to supplement the water tankers at the three affected municipalities where communities do not have water;

– The Community Schemes Ombud Service (CSOS) will contribute about R30 million of the balance of the retained surplus for the 2020/21 financial year, subject to approval by the National Treasury.

South Africans are happy with the update, but hoping the money does what it’s meant to do.

The post Cyril Ramaphosa confirms allocation of R1 billion to KZN for flood relief appeared first on .

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

South Africa News

Get breaking South Africa news, south africa news today, latest south african news today, what is happening in south africa, latest news south africa, headlines today breaking news, daily news south africa, current situation in south africa

Related Articles

Leave a Reply

Your email address will not be published.