As South Africa tallies the losses the economy has suffered because of last week's unrest, many small business owners are scrapping around, not knowing where to begin to rebuild. Many businesses are waiting for the South African Special Risk Insurance Association (Sasria) to assess and pay their insurance claims.
But some smaller businesses might have been underinsured or not insured for losses arising from riots at all. Even for the insured, they cannot claim business interruption cover while they rebuild, unless they have sustained material damage to their properties.
Payment device provider Yoco has commissioned a tracking index that will monitor business activity in the affected provinces and throughout the country.