More than 14 000 claims for insurance payouts, totalling R32 billion, had been lodged with the Sasria.
As the SA Human Rights Commission began its hearings into the unrest which ripped through KwaZulu-Natal and Gauteng in July, there came the sobering statistic that more than 14,000 claims for insurance payouts, totalling R32 billion, had been lodged with the South African Special Risks Insurance Association . Government has had to inject almost R15 billion into Sasria to help it meets its obligations.
As the SA Human Rights Commission began its hearings into the unrest which ripped through KwaZulu-Natal and Gauteng in July, there came the sobering statistic that more than 14,000 claims for insurance payouts, totalling R32 billion, had been lodged with the South African Special Risks Insurance Association .
Government has had to inject almost R15 billion into Sasria to help it meets its obligations. Sasria was the organisation set up during the apartheid years to provide some extra cover for damage sustained in riots… and that made sense as internal strife increased in the 1980s.The current claims on Sasria are the highest in its history – including during the liberation struggle. That is an indication of the devastation caused by July’s anarchy.
Yet even that R32 billion doesn’t come close to quantifying the suffering of the families of those killed, or of the thousands who lost their jobs when businesses folded.hearings will be cathartic for those giving evidence, we worry that they will concentrate on the symptoms – including vigilante killings – instead of on identifying those responsible.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Claims soar to R32bn for the ‘world’s most expensive riots’ in July“We never thought the torching of trucks at Mooi River would end up being the most expensive riots in the world, bigger than the riots claims in Chile and those in the US,” said Sasria MD Cedric Masondo.
Read more »
Claims soar to R32bn for the ‘world’s most expensive riots’ in July“We never thought the torching of trucks at Mooi River would end up being the most expensive riots in the world, bigger than the riots claims in Chile and those in the US,” said Sasria MD Cedric Masondo.
Read more »
Racial tension and distrust evident in Human Rights Commission hearings on July riots - The Mail & GuardianOn day two of the HRC’s hearings into the violent unrest of July, a witness was accused of minimising the anguish of the families of those murdered to protect the image of Indian residents.
Read more »
Witness tells how her nephew was killed during July riotsDeadly shootings, petrol bombing and the eviction of residents from their homes are some of the accusations made by survivors of the riots that took place in parts of KwaZulu-Natal and Gauteng in July.
Read more »
July unrest: SAHRC investigative hearings resume on TuesdayThe SAHRC will resume its national investigative hearing into the July unrest and riots which swept through KwaZulu-Natal (KZN) and Gauteng.
Read more »
Daily news update: Gauteng water shutdown, Transnet's R14.5bn irregular expenditure and SAHRC’s July unrest hearingHere’s your morning news update: An easy-to-read selection of our top stories. Stay up to date with The Citizen – More News, Your Way.
Read more »