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 Government and business get cracking on post-looting recovery plan

Government and business get cracking on post-looting recovery plan

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South African businesses and government are working together on cleaning up and rebuilding following unrest and looting that resulted in damage to factories and retail stores in KwaZulu-Natal and Gauteng in the past week, the Department of Trade, Industry and Competition (DTIC) said on Monday.

Work is also under way to ensure a steady supply of essential items, including food and medication, it added.

Nonetheless, the damage caused by the unrest will have “significant impact” on access to goods and services, jobs and the economy in KwaZulu-Natal and the rest of the country, the department said in a statement. However, government is working on getting production and output off the ground with minimal disruption, it said.

The unrest impacting South Africa’s main economic arteries was sparked following former president Jacob Zuma’s incarceration on 7 July. What started off as protests escalated into looting, property damage and violence.

The department said the country’s three largest retailers found that most disruptions were due to pressure on the N3 corridor from the Durban port, as well as supply interruptions from the province’s factories.

“Goods sourced from South African manufacturers elsewhere in the country have largely been unaffected,” said the DTIC.

Source:

https://www.news24.com/fin24/economy/government-and-business-get-cracking-on-post-looting-recovery-plan-20210720

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