How the damages of building and shopping centers affected the south African economy?
The KwaZulu-Natal riots in South Africa led to significant loss of life, property damage, and economic disruption. They heightened ethnic and political tensions, impacted business operations, and strained public services. The violence also drew national and international attention, affecting the country’s social cohesion and security.
The damage to KwaZulu-Natal's economy Iviwe bandile Kazi was estimated to be R20 billion ($1.4 billion) according to Ntshavheni. 40,000 businesses and 50,000 traders were affected overall in KwaZulu-Natal, while stock worth R1. 5 billion was lost and 150,000 jobs were stated to be at risk.
KZN is the country's main producer of timber as it produces over 50% of all timber used in the country and accounts for a significant percentage of the country's wood exports; as well as sugar cane (0.84% of SA GDP), with some of the country's largest sugar processing plants.
Poverty and race form the bedrock of most riots. People who lack economic opportunity often participate in a riot because they have nothing to lose by doing so, whereas middle- and upper-class people tend to stay away from these violent events that could sully their livelihood.
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The economy in South Africa was racially structured for many decades, if not centuries.
Jacob Zuma
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