ACTING Minister in the Presidency, Khumbudzo Ntshavheni, says an estimated 150 000 jobs are at risk in the aftermath of looting and destruction of property that swept through KwaZulu-Natal and Gauteng.
In a briefing on efforts to recover and rebuild after the wave of destruction, Ntshavheni on Tuesday said Ministers in the economic cluster are consolidating proposals for a government package of interventions, including for small businesses that are largely uninsured.
Ntshavheni said data and estimates provided by the SA Property Owners’ Association (SAPOA) showed that in KZN alone, 161 malls, 11 warehouses and eight factories were affected, with 161 liquor outlets and distributors being extensively damaged.
The Minister said estimates place KwaZulu-Natal’s loss at R20 billion. Work is, however, still underway to assess the total cost of the damage to property.
Furthermore, 1 400 ATMs have been damaged and 300 banks and Post Office outlets vandalised. Ninety pharmacies were
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