Tag: protests

45 000 businesses affected by riots

Durban has borne the brunt of the ongoing unrest, with 45 000 businesses out of commission and an estimated R16-billion in stolen stock, and damage to infrastructure and equipment. This is according to News24.

The damage so far has been tallied as follows:

  • The unrest had cost the metro R1-billion in terms of loss of stock
  • R15-billion worth of damage to property and equipment
  • 5 000 informal traders had been severely affected by the criminality
  • 40 000 formal businesses, large and small, have been affected also affected, including small business
  • 129 000 jobs are at risk, following the destruction of malls, factories and other businesses

Chaos and looting have prevailed since former president Jacob Zuma’s arrest last week.

Racial tension that has arisen as residents take it upon themselves to protect not only their shopping centres but their own neighbourhoods from looters and vandals.

The SANDF has been deployed to help overrun police in the area.

Follow us on social media: 

               

View our magazine archives: 

                       


My Office News Ⓒ 2017 - Designed by A Collective


SUBSCRIBE TO OUR NEWSLETTER
Top