large-scale | There

There will be large-scale loss of businesses if Sasria can’t pay claims on time – Stuart Pringle

The social unrest in South Africa in July caused extensive damage to 161 malls and shopping centres, as well as 11 warehouses, eight factories, and 161 liquor outlets and distributors. Clothing retailer Mr Price Group Ltd. saw 109 stores entirely cleaned out and hundreds more closed. As Bloomberg reported, while some claims would be assessed…