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Sasria says it has sufficient funds to meet valid claims from July riots

In a statement, the association said that it had made interventions in providing capital to businesses affected by the violence, with government committing to stand in as its insurer as a last resort.

Sasria determined to settle 80% of claims of up to R30m by end of Oct

This follows a large number of claims to the national insurer after the July riots, which resulted in the destruction of businesses and key infrastructure in KZN and Gauteng.

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