Why did the looting happen in South Africa?

Rather, it’s often the outcome of various factors. Looting in South Africa has taken place intermittently for decades in the context of an ongoing crisis of poverty, inequality and unemployment. It occurred under apartheid and continued to take place after democracy 1994.

What happened in looting in South Africa?

A deadly spree of violence and looting engulfed the South African provinces of Gauteng and KwaZulu-Natal (KZN) a couple of weeks ago, during which thousands of businesses were gutted and at least 330 people were killed. The KZN government on Thursday declared a state of disaster to divert funds toward the recovery.

How does looting affect the economy in South Africa?

The effect of the looting is evident on small and big businesses as well as the economy, increasing unemployment and making it difficult for businesses to recover from their losses. However, there are ripple effects which are not as clear. These include those on the health sector, and by extension the vaccine roll out.

How many malls were destroyed in South Africa?

More than 200 shopping centres and 100 malls were looted or burnt, while at least 1,400 ATMs were damaged and 300 banks and post offices vandalised in the southeastern province. Meanwhile a total of 90 pharmacies were destroyed “beyond revival” as the country grapples with a brutal coronavirus third wave.

How looting of shops and malls will affect businesses?

Therefore, looting of shops and malls will affect businesses because the shops will be closed and there won’t be profits or people, and since a shop is not running it cannot be socially responsible.

How the looting of shops and malls will affect businesses in terms of the relationship?

Once the shops and malls are looted, the business owners won’t feel safe to do their business in that place and they will choose to close up their shops since their efforts and profits will get stolen by these looters.

How much did South Africa lost due to looting?

People across South Africa are surveying the damage caused by the politically triggered riots. The city of Durban has estimated over $1 billion in damages and lost goods, which, along with 129,000 jobs at risk, could amount to a $1.4 billion hit to the port city’s gross domestic product.

Is looting legal in the US?

The penalties for looting depend on the specific form of the crime one is alleged to have committed. Both looting by burglary and (in most cases) looting by grand theft are wobblers in California law, which means that they may be charged as either a misdemeanor or a felony.

What is the relationship between social responsibility and triple bottom line?

The theory behind the triple bottom line is that it is in the interests of a business to act as a steward of the environment, society and the economy. Corporate Social Responsibility (CSR) is used to describe businesses’ integration of social and environmental issues into decisions, goals, and operations.