Durban riots latest: R15 billion damage, 129 000 jobs at risk

eThekwini Municipality has incurred R15 billion damage to property and equipment and R1 billion loss of stock due to the riots and looting across the city this week.

This is according to the details of preliminary high-level estimates on the economic impact of the ongoing unrest, which eThekwini Mayor Mxolisi Kaunda announced during a meeting with community leaders on Thursday. 

The preliminary estimate of the economic impact of the riots revealed the following: 

• R1 billion loss of stock

• R15 billion of damage to property and equipment

• 55 000 informal traders affected.

• 40 000 formal businesses impacted including small businesses, and a large portion of those may never recover.

• 129 000 jobs at risk and a large portion of that may be lost.

Kaunda and Human Settlements, Water and Sanitation Minister Lindiwe Sisulu visited local communities and urged them to work together to restore and rebuild stability in the city.

During the visits to Marianhill, Chatsworth, Clermont and Pinetown, to quell the citywide public unrest, riots and looting, Kaunda and Sisulu engaged with community leaders across various sectors on how they can work together to rebuild Durban.

Kaunda said that creating a conducive environment to attracting investments would contribute to the revival of the local economy and job creation.

The city-wide community engagements began yesterday when Kaunda met community leaders from Phoenix, Inanda, Ntuzuma, KwaMashu, Verulam and Hillcrest. 

“The engagements are assisting us to source input from community leaders on how we can work together to quell the unrest and to start rebuilding our city.  Rebuilding the City and its economy is a collective responsibility,” Kaunda said.

He said preliminary high-level estimates on the economic impact of the unrest revealed:

Kaunda applauded communities that protected infrastructure during the unrest. However, he stressed that this should always be done lawfully and with the involvement of the police.

The delegation applauded residents that have begun initiatives to clean-up their communities. 

Sisulu called for calm and unity amongst eThekwini communities following the week of riots.

“This public unrest is not a true representation of South Africa. It is not who we are. Let us unite and work together to stabilise our communities,“ she said. 



from The South African https://ift.tt/3xQdy68

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