Clarification on False Claims Regarding R500 Million Flood Relief Grant

Clarification on False Claims Regarding R500 Million Flood Relief Grant

The Industrial Development Corporation (IDC) sympathises deeply with those affected by the recent flooding in Mthatha and other parts of the Eastern Cape. We are aware of false claims circulating about a R500 million Flood Relief Grant for Mthatha businesses.

The IDC has not announced any such grant. Please be cautious and vigilant against false claims  and report any suspicious activity to law enforcement officials immediately.

We also encourage the community to verify any information through official IDC channels or report suspicious activity at media@idc.co.za

The Corporation acknowledges the national state of disaster declaration, which enables the government to mobilise resources and coordinate support to address the disaster’s impact.

We stand with the affected communities during this challenging time and are committed to supporting recovery efforts.

Issued by:
Tshepo Ramodibe
IDC Head of Corporate Affairs
media@idc.co.za