Large retail chains have reported that the supply of food and other products to South African stores and neighbouring states affected by disruptions in supply- chains in Kwa-Zulu Natal, are largely back on track. Not so fast though, there is still quite a big to recover from.
161 MALLS AFFECTED BY SA RIOTS, COUNTLESS LIQUOR OUTLETS…
Ntshavheni says the damage to factories and retail facilities in KZN will have a significant impact on the economy, jobs and access to goods and services.
“This impact will be felt both in KZN and across the rest of the country,” she said.
Ntshavheni says work is underway to assess the cost of the damage to property as a result of the unrest.
According to data provided by SAPOA, 161 malls, 11 warehouses and eight factories were affected and 161 liquor outlets and distributors were damaged and it doesn’t stop there, Ntshavheni says over 200 shopping centres were looted and damaged.
“Over 100 malls were burnt or had significant fire damage and approximately 300 stores were looted. In KZN alone, it is estimated that stock to the value of R1.5 billion has been lost,” she said.
A TOTAL OF 150 000 JOBS AT RISK IN KZN
More than 150 000 jobs are now at risk in KZN, 50 000 informal traders have been affected and 40 000 businesses were affected by the riots in KZN.
Ntshavheni went on to say that 1 400 ATMs were damaged, 300 banks and Post Office outlets were vandalised and 90 pharmacies were damaged.
The estimated loss for the KZN GDP is in the region of a whopping R20 billion while the impact on the national GDP stands at R50 billion.
“SAPOA will later in the week collate data on the cost of damage in Gauteng. However, SASRIA will conduct an assessment on the full extent of the damage,” she said.
Some good news though? Most shopping malls that were closed due to violence and looting during the SA riots in Soweto, including the iconic Maponya mall, have re-opened their doors for the community to start buying the products they require.
The South African National Defence Force (SANDF) is also patrolling other malls in Soweto.
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