Socio-economic unrest threatens to disrupt South Africa's recovery
Sibylline Insight Podcast

Socio-economic unrest threatens to disrupt South Africa’s recovery

2021-07-23
On 9 July violent protests broke out across Kwa-Zulu Natal, quickly spreading to Gauteng, resulting in widespread looting and arson, with clashes resulting in hundreds of deaths. Following the deployment of 25,000 soldiers, calm was eventually restored, but not before an estimated ZAR 50 billion in damages was caused, impacting around 40,000 businesses. While the initial flashpoint may have been the arrest of former president Jacob Zuma, economic unrest was the key factor impacting the intensity and...
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