July 2021 unrest: KZN firms ‘reluctant to rebuild capacity’
A year after the looting in KZN, some businesses are back on track but smaller companies want to relocate for fear of a repeat
10 July 2022 - 07:10
As the country marks the one-year anniversary of the July riots this week, larger businesses remain hesitant to build capacity back to pre-riot levels, while in KwaZulu-Natal some firms that are still struggling to recover are considering relocating to other provinces.
Large businesses, which have seen more of a recovery after last year's events that affected KZN and parts of Gauteng, fear there could be a repeat as none of the ringleaders of the mayhem that unfolded between July 8 and 14 have been prosecuted...
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