Photo by: Reuters
The National Treasury estimates that the economic damage from the July riots could shave off between 0.7 and 0.9 of a percentage point from this year's growth figure. “We are concerned about the potential scarring effect on employment and sentiment that may outlive the shock and impact potential growth,” the National Treasury said in a presentation to a parliamentary committee last month. Pictured here is a member of a hazardous waste clean-up crew walking in front of a warehouse burned during days of looting following the imprisonment of former South African President Jacob Zuma. Photograph: Rogan Ward for Reuters