• About Us
  • Photo Gallery
  • Privacy Policy
  • Terms Of Use
Monday, January 30, 2023
Republic Online
Advertisement
  • Home
  • News
  • Politics
  • Business
  • Showbiz
  • Sports
  • Foreign
  • Coronavirus
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Showbiz
  • Sports
  • Foreign
  • Coronavirus
  • Opinion
No Result
View All Result
Republic Online
No Result
View All Result
Home Africa

SA counts cost of violence as 40,000 businesses hit

The South African authorities are still assessing the true economic cost of the looting and violence that broke out after the jailing of former president Jacob Zuma.

Edward Acquah by Edward Acquah
July 21, 2021
in Africa, Foreign News, General, News, Review, Top Stories
0 0
0
SA counts cost of violence as 40,000 businesses hit
0
SHARES
13
VIEWS
Share on FacebookShare on Twitter

The South African authorities are still assessing the true economic cost of the looting and violence that broke out after the jailing of former president Jacob Zuma.

The estimated cost to the economy in KwaZulu-Natal province alone has been put at well over $1bn (£730,000).

A minister in the president’s office said the unrest and looting had affected 40,000 businesses in KwaZulu-Natal Province.

Quoting data provided by South Africa’s Property Owners Association, Khumbudzo Ntshavheni said more than 200 shopping centres had been looted. She said over $1m worth of stock was lost in Durban alone.

About 1,400 cash point machines had been targeted in the looting that saw 90 pharmacies destroyed.

This does not include the damage in Johannesburg – that’s still being assessed.

Poverty and unemployment played a big role in the looting.

But that could get worse as the minister said 150,000 jobs had been put at risk by the unrest.

Source: BBC
Tags: Jacob ZumaLootingSouth Africa




  • Chief falls off from palanquin in C/R while performing a traditional dance.

#RepublicNews
  • Some NDC MPs raise concerns over front bench reshuffle, petition party leadership for answers. 

Find out more at myrepubliconline.com

#RepublicNews
  • Members of the NDC in Asewase, Ashanti Region, protesting against the leadership
  • Some members of the National Democratic Congress from the Tamale South Constituency are unhappy with the removal of Haruna Iddrisu as Minority Leader. 

#RepublicNews
  • On our way to look for those who buy cars 🤣🤣🤣🤣

#RepublicFun
  • "Do you know what it is to be a President? And you stand and say incompetent Mahama administration"

John Mahama (2016)

#RepublicNews
  • Mamponghene and mamponghemaa on the dance floor🥰🥰🥰

#RepublicFun
  • "Don
  • "Don

NEWSLETTER

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Showbiz
  • Sports
  • Foreign
  • Coronavirus
  • Opinion

© 2021 All Rights Reserved myrepubliconline.

Welcome Back!

Sign In with Facebook
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist