Deadly riots and looting occurred mainly in Kwazulu-Natal and Gauteng between 9 and 18 July last year – claiming at least 354 lives. It also highlighted unresolved racial tensions, especially among the African and Indian communities in areas such as Phoenix.
The Durban Chamber of Commerce and Industry said costs so far amount to over R70 billion but this figure is expected to increase as the institution continues with its survey on the cost of the unrest.