Mon­ster storm hits Dol­phin coast

Finweek English Edition - - Main stories this week -

WHAT HAP­PENED| DUR­BAN’S BEACH­FRONT ar­eas were pounded by mas­sive surf, with waves reach­ing heights of 7m. Low­ly­ing ar­eas on the shore sus­tained sig­nif­i­cant dam­age. The storm forced the clo­sure of the ports at Dur­ban and Richards Bay. Dur­ban han­dles the great­est vol­ume of seago­ing traf­fic of any port in Africa.

WHAT OTH­ERS SAID ECON­O­MIST Ge­orge Gly­nos, of Econometrix, was re­ported as say­ing that the storm would af­fect pro­duc­tiv­ity in SA, though it was hard to quan­tify. KwaZulu-Na­tal Pre­mier Sibu­siso Nde­bele said: “On the south coast alone it’s es­ti­mated that dam­age to mainly Gov­ern­ment in­fra­struc­ture – in­clud­ing roads and ameni­ties at the beaches – runs into al­most half a bil­lion rand.”

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