Gauteng and Kwa-Zulu Natal riots could cost SA about R 50-billion in lost output

Published on


Add Smile FM on Google

The Presidency says the deadly riots in Gauteng and Kwa-Zulu Natal last week could cost the country about R 50-billion in lost output.

The Presidency earlier cited estimates from the South African Property Owners Association.

About 200 malls were targeted and some 3-thousand shops were looted during the protests, while 200 banks and post offices were vandalized.

Meanwhile, the Western Cape MEC for community safety Albert Fritz has lauded the co-operation of everyone here, to prevent the public violence from spilling over to the Western Cape.

Latest articles

Two 14-year-olds injured in school stabbing

 Somerset West police are investigating a stabbing at Helderberg High School that left two 14-year-old learners injured on Friday morning, 23 October 2026. The South...

New programme gives learners skills beyond matric

 The Western Cape Education Department (WCED) has allocated R127 million in a new initiative aimed at strengthening technical education and preparing learners for the...

Grade 11 exams crucial to learners’ future prospects – college head

 With the 2026 National Senior Certificate Exams in full swing, the Campus Head at Rosebank International has encouraged Grade 11 students to view their...