The retail sector took a worse-than-expected pummelling in July, as civil unrest in parts of KwaZulu-Natal and Gauteng left big brands such as Massmart and Clicks counting the cost of damaged shops and looted distributions centres, compounded by the tail effects of the Covid-19 third wave.
Retail trade sales shrank 0.8% year-on-year in July, Stats SA showed on Wednesday — far worse than the 3.3% growth forecast by a Bloomberg poll of economists, and down from June’s revised 10.5% expansion. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
It's not suprising that the coordinators of the riot's are still protected by the anc/alliance. United in corruption they will remain
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Treasury seeks more than R32bn to address impact of July unrest and Covid-19The National Treasury is asking parliament to consider approving a bill seeking urgent additional funding allocations of more than R32bn to address the impact of unrest in July and the Covid-19 pandemic for the 2021/22 financial year. This could have been avoided were people not so obsessed with harassing one man
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Treasury seeks more than R32bn to address impact of July unrest and Covid-19The National Treasury is asking parliament to consider approving a bill seeking urgent additional funding allocations of more than R32bn to address the impact of unrest in July and the Covid-19 pandemic. Official_ZA1st Take from the R500billion imfcapdev AfricanUnion china dont borrow GovernmentZA money we wont pay It's so sad that the chief instigators of the violence, are not behind bars, but are enjoying the comfort of their homes! You got to admire the persistence of the Kleptocrats🤦.
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Fractured communities of Phoenix and Bhambayi urged to unite for peace following July riotsPhoenix, the scene of some of the worst violence, saw 36 people murdered during the July riots. I owe you an apology to ever doubt your sincerity and professionalism. It’s was just like a dream to me when I received my first payment. After my second payment it became a reality now after several payments it has become a way of life. Lisamarkdonalld I really appreciate you. The first sign of Muhammad Qasim’s dreams being true is that enemies will increase terrorist activity & weaken Pakistan internally. They will attempt to make it Tora Bora - a terrorist state. More details on - My first experience happens to be a failure but I never gave up cause I knew it was going to work out for me trying continuously. Fortunately I'm smiling today by getting involved with Hendrickspat7
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Deadline looms for businesses to get relief funding after July unrest — here’s how to applyThe National Treasury on Tuesday launched a registration portal that will collect data from small and medium businesses that need the funding. Watch out for corruption Kunezingane ezagcina inyanga iqala ukudla niqeda nokuzithathela ukudla nakushisa! So now all of a sudden the funding is there😳😳
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Hard-hit by July looting, Clicks says 30% of Sasria claim has been paidDespite being hard-hit by the July unrest, the Clicks group is working on reopening stores and pushing ahead with its Covid-19 vaccination rollout. Words alone can't express how thankful I’m Lisamarkdonalld investing with you has been a good opportunity for me and my family I just received my profit successfully. The 70% of its insurance claim not paid out will be recovered from consumers. People don’t learn do they!
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World cross country championships postponed to 2023 due to COVID restrictionsNext year's world cross country championships have been pushed back to 2023 due to Covid-19 travel restrictions in Australia, governing body World Athletics said on Wednesday. I'm happy to join those who are sharing the good news about shantelll_142 . I'm not persuading anyone to trade with her but i advise every investor to make the right choice with shantelll_142 i got my withdrawal safely without any interruption.
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