• News
  • Sport
  • TV
  • Radio
  • Education
  • TV Licences
  • Contact Us
  • SOUTH AFRICA
  • POLITICS
  • BUSINESS
  • SPORT
  • AFRICA
  • WORLD
  • FEATURES
  • OPINION
No Result
View All Result
1
Home Business

Looting damage to province estimated at billions: Makhura

30 July 2021, 1:11 PM  |
Tshepo Phagane Tshepo Phagane |  @SABCNews
Gauteng Premier David Makhura is giving an update on the provincial government's economic reconstruction and recovery plans in response to the unrest.

Gauteng Premier David Makhura is giving an update on the provincial government's economic reconstruction and recovery plans in response to the unrest.

Image: Twitter @Gauteng DED

Gauteng Premier David Makhura is giving an update on the provincial government's economic reconstruction and recovery plans in response to the unrest.

Gauteng Premier David Makhura says preliminary estimates show that the damage caused by the recent unrest to the province’s economy amounts to three and a half billion rand.

He says the figures relate to the damage caused to businesses and the stock that has been looted.

Makhura says the figures do not include uninsured township businesses.

 

#GPEconomicRecovery | The preliminary estimation caused by the unrest is R3.5 billion in damages.

14 500 jobs have been affected by the unrest.

30 out of 500 township malls in the province were impacted. – Premier @David_Makhura

— GautengGov (@GautengProvince) July 30, 2021

The Premier was giving an update on the provincial government’s economic reconstruction and recovery plans in response to the unrest.

Makhura is expected to outline measures the provincial government will be taking to help businesses and communities affected by the violent protests.

He says 14 500 jobs have been affected, with 30 malls also affected by the looting.

In the related video below, SABC News tracked incidents of violence and looting at Jabulani Mall in Soweto: 

 

Share article
Previous Post

Ster-Kinekor bets on drive-in cinema under the stars

Next Post

Steenhuisen seeks answers on lead-up to Gauteng and KZN unrest

Related Posts

South African bank notes.

Cash-strapped consumers face a bumpy ride as SARB raises interest rates

30 March 2023, 4:28 PM
Power lines.

Western Cape Infrastructure committed to improving energy resilience

30 March 2023, 4:12 PM
South African bank notes.

SARB expected to increase repo rate

30 March 2023, 9:44 AM
SA money seen for illustration purposes

Take home Index shows slight recovery in February: BankServAfrica

29 March 2023, 5:15 PM
A person holds a shopping cart in a supermarket aisle

Food retailers pricing being scrutinised

29 March 2023, 10:17 AM
File Image | Deputy President Paul Mashatile addressing an event.

Govt making it easier to do business: Mashatile

29 March 2023, 9:00 AM
Next Post
People loot an area near a burning warehouse in Durban, July 14

Steenhuisen seeks answers on lead-up to Gauteng and KZN unrest

Most Viewed

  • 24hrs
  • Week
  • Month
  • Public sector unions accept revised 7.5% wage increase
  • ‘Medupi Power Station’s design ‘flaws’ deliberate to cost taxpayers money’
  • Zimbabwe Reserve Bank faces sanctions over money laundering accusations
  • UJ, TUT named hubs of Artificial Intelligence
  • Eskom signs three agreements for power purchase programmes
  • Corporates prepare for a possible national blackout
  • Unions set the record on wage settlement agreement reports
  • UPDATE | Court hears evidence regarding Zuma’s medical records
  • SABC News crew attacked on N2 while monitoring protests
  • Wits SRC sued
  • Justice Zondo awarded honorary doctorate of laws for his leadership, work for state capture
  • Lesotho MPs debating a motion to reclaim the Free State 
  • Ramaphosa breached executive code of ethics by not declaring Bosasa donation: Mkhwebane
  • VIDEO | MPC increases the repo rate by 50 basis point to 7,75%
  • VIDEO: Update on Thabo Bester escape incident

LATEST

Former ActionSA Gauteng 
 Leader, Bongani Baloyi (Right) and Thlolegi Moseki (Left).
  • Politics

Bongani Baloyi forms his own political party Xiluva


South African bank notes.
  • Business

Cash-strapped consumers face a bumpy ride as SARB raises interest rates


Power lines.
  • Business

Western Cape Infrastructure committed to improving energy resilience


[File Image] : Inside Old Trafford stadium
  • Sport

Manchester United back in the black ahead of potential sale


Doctor of Literature (honoris causa), ǂXuu Katrina Esau
  • South Africa

UCT bestows Katrina Esau with honorary doctorate


  • South Africa

VIDEO | MPC increases the repo rate by 50 basis point to 7,75%


Weather

  • About the SABC
  • Contact Us
  • Jobs
  • Advertise
  • Disclaimer
  • Site Map

SABC © 2023

No Result
View All Result
  • SOUTH AFRICA
  • POLITICS
  • BUSINESS
  • SPORT
  • AFRICA
  • WORLD
  • FEATURES
  • OPINION

© 2023

Previous Ster-Kinekor bets on drive-in cinema under the stars
Next Steenhuisen seeks answers on lead-up to Gauteng and KZN unrest