Retailers | ropes

Retailers on the ropes as impact of July riots manifests

By Justin Rowe-Roberts, Investment Correspondent Our economy, already under pressure, hit another setback in July when rioting and widespread looting took parts of Gauteng and KZN ransom. The economic impact of the riots is predicted to be around R50bn, however, the long-term consequences of the riots will likely be far greater. South Africa‚Äôs unemployment rate…