Because the Covid vaccination rate is so high in Spain ‘they haven t seen resultant pressure on the healthcare system or a rise in deaths’: CEO Laurence Rapp.
By Syndicated Content
By Nqobile Dludla
JOHANNESBURG (Reuters) â Recent unrest in South Africa damaged hundreds of businesses but property developers and retailers say they remain committed to the fast-growing consumer markets of its predominantly Black townships.
Riots broke out this month after former President Jacob Zuma handed himself in to start a 15-month jail term for contempt of court.
More than 300 people died and about 3,000 stores were looted, over half of them belonging to major retailers and fast food brands.
At least 161 shopping malls, 11 warehouses and eight factories suffered heavy damage, sites that include tenants such as grocery chain Shoprite and Walmart majority-owned Massmart.
South Africa property, retail firms bet on townships despite unrest thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.