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Does looting hurt the economy?

Does looting hurt the economy?

Riots and looting 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.

What are the reasons for looting 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 is the punishment for looting?

Penalties for felony or misdemeanor looting typically include a mix of jail or prison, fines, probation, community service, and restitution. Jail or prison. Misdemeanor looting carries up to a year (or 364 days in some states) in local jail. Defendants charged with felony looting face more than a year in state prison.

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How did looting affect South Africa?

The riots and looting resulted in food shortages, fuel shortages and medical supply shortages. Kwa Zulu Natal and Gauteng account for more than half of South Africa’s Gross Domestic Product (GDP) and during the riots on the 12 July, the Rand, local currency, weakened by about 2\% affecting the economy.

What happened during 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 do you control looting?

5 Ways to Prevent Looting at Your Business

  1. Assess the Premises. Before you invest in any security technology or appliances, it’s important to look at your business through the eyes of a criminal.
  2. Acquire Resources for Evidence or Discouragement.
  3. Beef Up Your Exterior Security.
  4. Consider Security Personnel.
  5. Know Your Protocol.
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What did Ramaphosa say about looting?

“It’s quite clear that all these incidents of unrest and looting were instigated… we will not allow anyone hijack our democracy, to destroy our democracy, this is a hard fought-for democracy. We will not allow them to mess it up.”

Can a store owner shoot looters?

As such, it is not unheard of for property owners to shoot and kill would-be looters and face no consequences for their actions, even when the looter was attempting to flee. In most instances, the best defense against looters, and the one that is most legal, is to plan ahead.

What do you do in riots?

Move away from the riot as calmly as possible.

  • Continue to move with the crowd until you can escape into a doorway, an alley, a side street, or a safe building.
  • If you’re in the middle of a crowd, it’s especially important to try to move in the direction of the crowd until you make your way to the outside of the crowd.