ANCYL chaos costs Johannesburg R30m

2011-09-01 07:43

Johannesburg - The chaos caused in the Johannesburg city centre by ANC Youth League members in support of embattled leader Julius Malema will have a major impact on the country’s economy.

According to the city’s Chamber of Commerce and Industry CEO, Keith Brebnor, the city suffered financial losses of between R30m and R50m on Tuesday, according to a report in The Times.

He added though that the damage to South Africa’s investor image could be even more serious. He likened Tuesday’s events to the recent riots in the UK, saying that SA’s image would be affected in the same way.

Brebnor said there was a perception that South Africa was becoming more unstable and a less desirable trading partner.

Other economists agreed, saying that ANCYL supporters were sending out negative messages to the rest of the world.  

The protests at Luthuli House on Tuesday made headline news around the world with many newspapers speculating on how it would affect potential investment.

  • Kleinjan - 2011-09-01 07:47

    Let the ANC pay out of their own pockets for their youth league's behaviour.

      Felix - 2011-09-01 08:01

      Empty the Ratty fund, I'm sure theres a couple of bill$ in there.

      Mr Wendal - 2011-09-01 08:17

      But aren't the Annoying Naughty Childrens pockets actually our pockets? Here comes another tax!

      November - 2011-09-01 08:18

      I agree, people should be held accountable for there behaviour.

      Mathanga - 2011-09-01 08:34

      Let their leader, whom they support pay!! Didn't they do this for him?

      Gazza69 - 2011-09-01 08:38

      Let that little fat b@stard Juju pay for the damages...he incited the violence and apparently can afford to pay!

      Unskinny Bob - 2011-09-01 08:40

      That's how many RDP houses worth burned?

      Coconut - 2011-09-01 08:45

      I agree, the little fat BOY must be made to pay out of his "Trust Fund". In any case all the money that lies in the trust fund was stolen from the tax payer from shady tender awards. A law must be passed in this country that if a strike or an unruly mob associated to an identifiable body causes chaos and property damage they must be held financially accountable.

      Viva Mangope - 2011-09-01 09:05

      @ Mathanga great idea,let him pay for this i will love that

      Alan guy - 2011-09-01 09:11

      @ Kleinjan, I agree, the same happens in the sporting world. if your "fans" become unruly and cause damage then the club who's "fans" caused the damage is held responsible and liable for the costs. why should it be any different in the political world..........

      AirAction - 2011-09-01 09:30

      No more gaddafi fund to call on.malema is meant to stand for the POOR poeple not WASTE public money What a CONFUSED person he is.

      Schalk - 2011-09-01 09:57

      I have seen estimations that Julius Malema has already cost the country R100bn in terms of foreign divestment, human capital flight, productivity losses, pacifying productivity etc. That is a lot to pay back - about 2 million RDP houses... Imagine: one moron costs a country R100bn...

      SpetsnazLaz - 2011-09-01 10:03

      He should just pay....

      FaxM8 Fax - 2011-09-01 10:05

      You mean out of tax payers pocket the anc has no money besides tax money

      THE.SRG - 2011-09-01 10:22

      and all for what?..not even a slap on the wrist...its pathetic

      Spyker May - 2011-09-01 12:17

      The City of Jhb must sue the ANCYL for damages. In fact, I insist the DA takes the steps required to affect this action - they are in fact the ones who have 'promised' their electorate that we must trust 'the democratic process' as the resolve... Moreso, the TAX-PAYER as a 'union', must sue all the (current) state functions for damages (viz as a broad definition of a multitude of actions). The SAcan 'TAX-PAYER' must proceed with a massive class-action against the current government.

      Bailey G - 2011-09-01 14:41

      Maybe we should ask Swaziland for our money back to pay off these damages? Dont think old King Mswati will be thrilled with only getting a R370m commission then?

      supporter - 2011-09-01 14:59

      Sell mad malema's houses and cars. That should be enough with some change left for the fat cat.

      Dolphin - 2011-09-01 17:44

      Spot on. My child breaks something in a shop, I pay. Even if not asked for, but out of decency.

      DivineBug - 2011-09-02 12:00

      Malema and the ANC lot may (highly improbable) pay the damages caused by those senseless rioter's; but very sadly the horrible image the painted of our beloved country shall never be repaid in the same sense. Deep sigh! God bless Africa. "Maluphakamiswe, uphondo lwayo" and way with Zuma and Malema plus their croons!

  • Daemos1 - 2011-09-01 07:48

    The youth league must pay for this, let them foot the bill

      jweer42 - 2011-09-01 08:57

      They don't even pay their hotel and party bills :(

      Cheq - 2011-09-01 09:11

      I wonder who's that @$$h0le that gave the thumbs down....

      AirAction - 2011-09-01 09:32

      They do not have jobs or any education. But all look very well feed.

      maneki - 2011-09-01 09:40

      The idiots do not realise that their stupidity is costing everyone, even them. They claim to be for the poor, yet they cost the poor more money.

      FaxM8 Fax - 2011-09-01 10:05

      They can put out a tender and win it them selves

      Fakmore - 2011-09-01 10:39

      R30million is nothing. The Liberation of Lybia by Nato has cost 70,000 lives and destroyed property worth US$100.00 billion. Luckily for Nato, they will be repaid every cent from the frozen US$90.00 in Lybian funds. Poor the 70,000 dead...but thats the prize for freedom...dead bodies...

      JMan - 2011-09-01 10:50

      @ Fakmore: What exactly is you point in relation to this story? A full out civil war is hardly the same as a (completely unnecessary) one-day riot....

      vrystaat - 2011-09-02 08:01

      wat an idiot

      Mike - 2011-09-02 10:15

      @Fakmore - should your name not be Fakless or Fak-less or Fak-lis??

  • nn.prv - 2011-09-01 07:48

    And how much did the Cosatu unions strike and trashing cost?

      Megan - 2011-09-01 08:00

      That's a good point, also something that Cosatu should be forced to pay because I REFUSE to believe that with the amount of members they have, the don't have any money. But more effective would be making those who caused the damage to pay, individually. Nothing is ever going to change unless you hit them where it REALLY hurts. How justifying it would be to see them having to spend their ridiculous wage increases on paying for the damage they caused.

      tommy 2 - 2011-09-01 08:01

      can you tell us.

      Neptune - 2011-09-01 08:38

      apparently,in cape town they have made potholes intensionaly and its just not nice to drive especially in suburbs and townships

      Johnny - 2011-09-01 08:41

      let them pay too

      nic - 2011-09-01 17:28

      Exactly. And recently people (idiots really) are comparing the rioting in the UK with these events. The fundamental difference is, in the UK, 1566 people have been charged to date for what they did. Here, it's a free-for-all with absolutely no accountability. From what I have heard only 1 person got arrested in the ANCYL riot.

  • KGBB - 2011-09-01 07:50

    "SA’s image would be affected in the same way" What image, we are ruled by brainless people...

      tommy 2 - 2011-09-01 08:01

      You are probably very brainy.

      Lab-Rat - 2011-09-01 08:49

      ...and tommy obviously isn't.

  • Feds - 2011-09-01 07:51

    I'm sure fatman Juju already has a tender out to a cleaning company to clean this mess up.... with a cut for his trust account of course, prob somewhere in the region of R100million to clean up a R30million mess

      onmyway - 2011-09-01 08:04

      It would honestly not suprise me. Sad...

  • Megan - 2011-09-01 07:52

    City of Johannesburg, business owners, vendors and motorists all effected by the hooliganism of the pathetic ANCYL should stand together and bring civil action against the league. Force them to pay for the damages, loss of income, and stress involved in the possibility of being late for work which could result in termination of your contract. MAKE THE THEIVING BASTARDS PAY! Because if my HARD EARNED tax money is spent cleaning up their mess then SARS can really stop expecting an income based on tax. Enough is enough already. Every single time this stupid youth league does something, it's the tax payer who has to pay for it. It really is now time for all of these morons (ANC government incl.) to realise that you can only milk the productive minority for so much before we eventually have enought and tell you exactly where to stick it!

      DEVILS SON - 2011-09-01 07:55

      they dont even pay for parties they throw, they will never pay for "their" city. the money has already been allocated for 2012 model mercs

      guytom - 2011-09-01 08:05

      He needs all his money to pay for body guards , what an ass.

      Megan - 2011-09-01 08:06

      Devils son, if that is the case it's only because the people of this country have allowed them to do it. Enough now, we need to stand together to stop this wastage of tax money.

      DEVILS SON - 2011-09-01 08:10

      i agree, if enough people stand up and throw enough money at some decent lawyers we could nail them,,,

      DEVILS SON - 2011-09-01 08:11

      just sucks fighting against our own taxes. there should be a fund people can donate money into, a private fund for use in legal battles against the government

      Megan - 2011-09-01 08:44

      Superiority complex? So just because I happen to care where my tax money is spent I'm all of a sudden superior? Because like most other people I disagree with hooliganism I'm suddenly superior? Because I don't want to see my beautiful country turn into Zimbabwe, I'm superior? Because while I struggle to put food on my table EVERY month and am therefore very sensitive as to how the government wastes my tax money, all of a sudden I hold a superiority complex? I do not for a second believe myself to be better than anyone else but I do believe that a bit of respect from ALL needs to be shown to others. I have a superiority complex because my heart bleeds for those poor vendor forced off the side of the road and unable to earn an honest income because a bunch of dishonest hooligans chased them away? Please Beyersnaude, I think you are the one who needs to "go find another place in the sun" because you obviously don't care a damn about this country.

      Adrian Chappell - 2011-09-01 08:45

      Megan i believe in what you have said. However i also believe that increases in the lights and water, road taxes and many others are directed at the productive majority. It is implemented with no regard for this particular group of individuals. Now i hope i don't come off paranoid, but it almost seems the eventual plan is to push this particular group of people out of the country, by financially frustrating them. I quote from Malema "this is a revolution, dont bring your white tendencies." Hmmmm i wonder what revolution he is refering to...

      Lab-Rat - 2011-09-01 08:53

      Actually beyersnaude, it's your cultural inferiority complex which is bringing this country down because you can't compete on an equal level. Why don't you go and find another spot in the sun somewhere up north as you're definitely not needed here.

  • michael - 2011-09-01 07:52

    make malema pay for it

  • Gadafi007 - 2011-09-01 07:54

    Now There goes my Trading profits .thanks to JUJU and his toddlers

  • MDLWEMBE - 2011-09-01 07:54

    OHHH!!! pulease that is an exaggeration how did u get to that figure.

      Peacock - 2011-09-01 08:01

      Work it out yourself. The cost to clean up the mess they made, the extra cost for the extra police, the cost for the riot squads, the repiars to the damaged shops, the cost of the looted property etc etc

      onmyway - 2011-09-01 08:01

      Simple maths....

      Peacock - 2011-09-01 08:02

      and this is from people who want respect???????

      Megan - 2011-09-01 08:04

      OHHH pulease, you need to get a freaking life!

      DEVILS SON - 2011-09-01 08:19

      MDLWEMBE 30 mil is not alot of money when it comes to civil damage, wages, salaries, equipment, transport, banks closing, business closing. damage to private vehicles,

      OH_DEAR - 2011-09-01 08:31

      how the hell can you make such a claim? did you see those 'things' roaming around flinging rocks and behaving like scum?

      Statistic - 2011-09-01 08:37

      Logic, something that Malema and his buffoons dancing in the streets have absolutely none.

      Lab-Rat - 2011-09-01 08:54

      They counted which is something I doubt you can do.

      DEVILS SON - 2011-09-01 08:56

      next riot im gonna join as a bloody agent, stand way behind the front line and throw rocks so they land on my comrades haha

      Ed - 2011-09-01 09:20

      Kleinjan - 2011-09-01 10:07

      MDLWEMBE, Eish, daai ene hey es moeilek. Jy kan hom nie maak die som! Los daai som, die boer hy kan hom maak daai som.

      PB - 2011-09-01 11:04

      Mdlwembe Don't forget to add the cost of the police and airwing necessary to keep the yobs from doing even more damage. The cost of bussing in the hooligans from all over and the KFC and T-shirts ..... It is actually sad to figure out how much money is wasted on this waste of a human being.

      djmilano.26 - 2011-09-01 11:40

      yeah how

      Lonewolfman - 2011-09-01 13:07

      You are stupid to understand the answer if you cant see it fool. long term it costs the man on the street while Fat ass shops over seas again and has small R100k parties, the poor man for the people.

      MojoBa - 2011-09-01 16:18

      @MDLWEMBE: Shame, we understand that you cannot grasp the concept of destruction costing money. Off you go then, back to your oblivion :-)

      GRENADE - 2011-09-01 21:15

      I totaly agree wit u MDLWEMBE, this is jus propaganda R30m is way toooo much. wat an EXEGERATION!!!!!!!!!!

  • African_meisie - 2011-09-01 07:55

    Can someone please get rid of Malema before he completely ruins South Africa's image!

      tommy 2 - 2011-09-01 08:05

      can you change your mindset and be a little patriotic to your country. Meisie.

      onmyway - 2011-09-01 08:11

      Make me an offer I cannot refuse...Bohahaha!

      OH_DEAR - 2011-09-01 08:31

      too late darling

      Noname - 2011-09-01 08:46

      Why we should get rid of him , take him from country to country in steal cage and charge for. Nobody ever saw biggest idiot in his life.

      Noname - 2011-09-01 08:47

      Why we should get rid of him , take him from country to country in steal cage and charge for. Nobody ever saw biggest idiot in his life.

      Lab-Rat - 2011-09-01 09:08

      If anything tommy, African_meisie is being patriotic by not wanting SA to get destroyed. You need to re-look at your own values there tiger.

      Edward - 2011-09-01 18:48

      Give me a list of all the scumbags you want taken out,supply me with a weapon and petrol money and I'll do a real clean up job!You ain't seen nothing yet!

  • onmyway - 2011-09-01 07:55

    Youth league bullsh1t - R30 million. Ruining our country - priceless...

  • Sabsi - 2011-09-01 07:55

    deduct it from their pocket money...

  • MDLWEMBE - 2011-09-01 07:55

    are you saying R30m because it sounds good.

      Ollie - 2011-09-01 08:02

      Do you know anything about economics - how riots like like this make people disinvest in SA, let alone the local people that suffered and had to close their doors for business.

      Showerhead - 2011-09-01 08:56

      @MDLWEMBE Are you Malema undercover!

      MSGRule - 2011-09-01 08:58

      @MDLWEMBE stop being anaive. This goverment of ours have wasted billions, arms deals, private planes, houses. 30m is a droplet. It is a common theme across the continent. Want want want..can't have it burn burn plunder destroy

      Kleinjan - 2011-09-01 10:51

      Ha ha ha! What an idiot!

      MojoBa - 2011-09-01 16:23

      @Mdlwembe - we are all getting worked up, because the less money wasted, the faster everybody can get a free house and the faster we can start replacing those houses again, because nothing is looked after and maintained. Does it not bother you that about 10% of this country is actually paying for infrastructure only for the other 90% to destroy it? Sorry, I forget you will not be able to grasp this concept either.

      gatvol4corru - 2011-09-01 17:45

      You did it! What did you do? Now everybody knows your lack of IQ comrade

  • Ryan Tunney - 2011-09-01 07:56

    The ANCYL is directly responsible for this so the bill should be sent directly to them. Piggy boy Malema can pay for this himself....

      tommy 2 - 2011-09-01 08:06

      One detects a little jealousy.... Are you cashless.

      MSGRule - 2011-09-01 08:59

      @tommy 2 - how many stones did you throw?

      Lab-Rat - 2011-09-01 09:09

      Does one now? I'm a little jealous to be honest. I wouldn't mind having loads of money that I don't ever have to work for.

      vrystaat - 2011-09-01 09:54

      atleast hes not brainless lyk u tommy

      Kleinjan - 2011-09-01 10:52

      Tommy 2, your mom was a bit jealous.....

  • PB - 2011-09-01 07:56

    KOLEBO, DONKEY, TSHEPO ET ALL Remember when you said that the hooligan behaviour of you and your buddies has nothing to do with "you whiteys"? AS PER USUAL YOU WERE TALKING K@K - WHO ARE GOING TO FORK OUT FOR THIS???? WHAT WAS THAT .... OH OF CAUSE - IT IS APARTHEID'S FAULT THAT YOU CAN'T DO ANYTHING WITHOUT CAUSING LOADS OF DAMAGE. CATCH A WAKEUP!!!!

      vrystaat - 2011-09-01 08:27

      WELL SAID!!

      Unskinny Bob - 2011-09-01 08:42

      Maybe some of Tutu's "White Guilt" money can be used to pay for repairs? Else just use our tax money, as usual.

  • Komasa - 2011-09-01 07:57

    Brebnor it was nothing like the UK riots, there is no doubt it is sending out a negative message, if JM paid for the transport he can pay for the damages.

      Ollie - 2011-09-01 08:03

      Unfortunately JM will get the money from the tax payers - i am tired of forking out taxes and i have to live on less and less.

      tommy 2 - 2011-09-01 08:08

      When he does pay...... You and others,will have something else to say.

      Komasa - 2011-09-01 08:34

      @tommy 2 myself and others have already stated with regards to trashing of CBD "We should not confuse militancy for anarchy or disorder for democracy". Don't paint us all with the same brush.

      Petro50 - 2011-09-01 21:56

      @tommy 2. He won't pay so there is nothing else to say.

  • Patrick - 2011-09-01 08:00

    Yes send them the account and take them to court if they don't pay

  • MDLWEMBE - 2011-09-01 08:01

    R30m hehehehe!!! gutter journalism at large.

      Ollie - 2011-09-01 08:10

      You are so stupid

      onmyway - 2011-09-01 08:10

      Cant you go comment on the Daily Sun website or something? You have nothing to add it would seem.

      Megan - 2011-09-01 08:18

      MDLWEMBE, you OBVIOUSLY have absolutely NOTHING intelligent to say. It wouldn't surprise me if you amongst the most destructive of the lot on Tuesday.

      OH_DEAR - 2011-09-01 08:33

      you seem to be repeating yourself? why? seems like you have the memory of a goldfish. your people are a destructive and violent bunch. sort yourselves out and shut up

      bar-one - 2011-09-01 08:34

      You are obviously looking up from the sewer at the gutter

      MSGRule - 2011-09-01 09:02

      @MDLWEMBE - How many stones did you bring to Tuesday's doo???

      maryann - 2011-09-01 09:50

      Said like a true Moron

      Lonewolfman - 2011-09-01 13:14

      Shame what an Idiot and this is what follows Fat cat no wonder.

      Petro50 - 2011-09-01 21:58

      If you doubt the R30 million, how much do you think it cost and how do you get that amount?

  • OZNOB - 2011-09-01 08:02

    charge the ancyl it is about time that they learnt that there are consequences for bad behaviour and they also should be taken to task about the assaulting of several journalists

  • guytom - 2011-09-01 08:03

    It shows you just how stupid these youth are, we cant have a great South Africa with no investment. Kick these little trouble making , racist upstarts out so we can get on with building our great country.

      gaharaa - 2011-09-01 08:25

      Lol...somebody "down-thumbed" you. Must have been Mdlwembe the Gutter Commentist.

      vrystaat - 2011-09-01 08:42

      haha ja coz its exactly wat they wana do to this country..turn it in2 a gutter

      lesm1984 - 2011-09-01 10:02

      Guytom, I am glad you pointed out that they are a bunch of racist upstarts; it seems that most non-black South Africans are so busy defending themselves from being called 'racists' that they forget the ANCYL is possibly the most racist organisation the world has seen.

      Peg-Leg-Sven - 2011-09-01 19:01

      @ lesm, that is why as a White am having a t-shirt printed with, "RACIST AND PROUD OF IT". The tag racist is used on every White person, whether they are trying to lift the country up or not. So I may as well save them the trouble of calling me something that I am not. It takes their power away.

  • Charged - 2011-09-01 08:03

    All this makes me furious! I can't believe that they are so dumb and uneducated. All this is happening in front of them and they can see the damage it is doing to our country. But yet they still allow them to run amok in the streets. HE IS GUILTY! Fire him and let's move on as a nation. We have such potential to be the next 1st world!

      Donald - 2011-09-01 08:51

      @Charged - we do indeed have the potential to be the next 1st world but it will only ever remain 'the potential'. It's not just Malenema that is to blame for us never being able to realise that potential - it's the African mindset. A continent of 'victims' forever waiting for the real 1st world to bail them out when they stuff things up.

  • iDubula - 2011-09-01 08:03

    "Brebnor said there was a perception that South Africa was becoming more unstable and a less desirable trading partner." think??? Hi Ho Hi Ho, its off to Mozambique my money and I go...

  • waine - 2011-09-01 08:07

    Malema is costing this country dearly. What does he care about investments from the "Imperialists" abroad? He wants the mines, then to push his revolution forward until the masses are apeased and he is president.

  • McDaNife - 2011-09-01 08:07

    We cannot have thugs like these to dent out image after what we proved we could do when hosting the 2010 Soccer world cup. Looks like downward trend from here unless the anc shows the ancyl who is the boss. I think they have enough video clips to identify these thugs to put them away.

  • GinSA1 - 2011-09-01 08:07

    Once the lights are switched off, and the toilets no longer flush, these idiots will be calling for help again. By then, the sleeping world would have woken up to their thuggery, and will turn their backs on them. Then they'll appreciate what they HAD. Maybe Julia can help them rebuild then, all in wood!

  • Blade - 2011-09-01 08:09

    And these people are costing the tax payer even more money.

  • SupaGerm - 2011-09-01 08:09

    Ask Juju to pay for it. His R25 000 monthly salary seems to stretch far these days. Just look at his new house.....

  • Hubbles - 2011-09-01 08:11

    Eish so difficult all you people. We just get ba backhand from JHB city council for next tender and pay damages Viva Juju Viva Floyd

  • BushbabyD - 2011-09-01 08:12

    Now is the time that the rate payers assocation need to force the City of Johannesburg to recoup any direct cost incurred (i.e. Policing, destruction/replacement costs) from the ANCYL by way of a Court Order. It was after all an illegal march, and maybe some other assocation can help the businesses recover trading losses by way of a class action suite.

  • Daemos1 - 2011-09-01 08:13

    Right now, many of Mbeki's detractors are wshing for the '"devil they knew"

  • Kevin - 2011-09-01 08:14

    make the anc pay. Golly they owe the country trillions in stupidity and mismanagement. But then I suppose there voters like a broken dysfunctional corrupt government who cannot even get a charge sheet right.

  • Dan - 2011-09-01 08:17

    Let Malema pay for the damage and economic losses, he steals just about that amount every month with his fraudulant companies and family trust anyway.

  • MAWEMAWE - 2011-09-01 08:18

    and how much did apartheid cost south africa?

      Megan - 2011-09-01 08:22

      Firstly the Apartheid governemnt had MORE money than this current circus, was still able to provide basic services to everyone, even if the majority of those people weren't allowed other things. Secondly, we aren't talking about apartheid in any way, shape or form, so why bring in up? And thirdly changing your name is not going to hide your stupidity.

      MDLWEMBE - 2011-09-01 08:29

      @Megan they didnt provide to everyone they provided to whites.

      Spookhuis - 2011-09-01 08:39

      17 years on.....don't you think that horse has been flogged to death already?

      vrystaat - 2011-09-01 08:52

      seriously...u r soo efing retarded!!!aparteid is OVER!!!but u idiodts that wernt even part of it stil go on bwt it!and in apartheid yet again it wasnt the whites that caused the damage!

      Felix - 2011-09-01 08:58

      Then it changes it's name but the stupid shines through. lol!

      voltaire - 2011-09-01 08:59

      @ MDLWEMBE Actually, you are wrong. Think about it. Where did the schools that were burnt down in protest come from? What was Bantu education? How about Bara? Where did those little houses in townships come from? The electiticty in townships? The running water in townships? There was a *basic* level of sevice provided to all races. And that *basic* is extremely important. Aparthied provided *different levels* of services. Where there were no services was a split firstly between urban and rural. So, when you look at the facts, your statement should be "they provided more too whites and rural blacks got very little". Don't believe the lie, mate. There was more than enough wrong about apartheid without having to make things up.

      Lab-Rat - 2011-09-01 09:15

      Apartheid made money for the country and managed to build a first class infrastructure. That was easy. Next question please.

      gatvol4corru - 2011-09-01 17:47

      oh boy,you are indeed way out of your league in this conversation. Besides coming across very limited,the lack of IQ filtered through

  • Malcop - 2011-09-01 08:18

    Economists throwing figures around again, without any substantiation. Sure, it would have cost the economy, but how does an economist come up with these figures within 48 hours. I doubt if this deters investors. If there is a decent buck to be made, investors work around problems.

      MDLWEMBE - 2011-09-01 08:29

      Thanks Malcop.

      vrystaat - 2011-09-01 08:57

      how can they work around the problem if the problem is the people that run this country??

      Rustman - 2011-09-01 09:55

      @Malcop There was even a story about this in the New York Times. If I read that story and I was an American I would take my money elsewhere.

  • komminsens - 2011-09-01 08:19

    Our failed Education System has now finally caught up with us big time. Poor unemployable young souls roaming our streets, desperately in search for means of basic survival, with absolutely nothing to loose....

      MSGRule - 2011-09-01 09:14

      Bring back national service!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  • HappyGoLucky - 2011-09-01 08:19 you think they care??? as long as they got to see themselves on tv and do their daily trashing of things, i really dont think they do.

  • Mike - 2011-09-01 08:20

    Send the bill to Malema! The tax payer should NOT be held liable for these costs. No way!!!! The time for this sort of injustice toward the tax paying public must stop! The guilty must pay. THAT is justice

  • Jawellnofine - 2011-09-01 08:24

    African National Circus

  • Neil Parker - 2011-09-01 08:26

    Any kind of picket action or protest requires the relevant organisation to obtain permission from the city authorities. If the ANCYL did not obtain permission, they should simply be sued for the damages. Whether it be unruly youths or striking workers, the City should demand a hefty deposit before granting such permission. As citizens of Joburg we must make it clear we're not going to accept being kicked around like political footballs. Throw the book at them!

  • Greg - 2011-09-01 08:26

    BLEED THE BELOVED COUNTRY.......This loss is just for starters - how much will it cost when Julius becomes President of South Africa?

      Prayoneday - 2011-09-01 08:27

      All our heads ?

  • Mandy - 2011-09-01 08:28

    Well Done ANCYL!!!!! Carry on costing the country money and in the same breath ask for higher increases and job creation etc. Makes sense well done!!!!!!!!

  • bar-one - 2011-09-01 08:29

    What about all the negative publicity and idiotic rantings , they probably cost thousands of jobs and billions of rands. Bloody agent!!

  • Nawe - 2011-09-01 08:30

    Well investors should also be sensitive to why the youth are angry! The country's youth can no longer sit & fold their arms when rich white famalies continue to loot when they are battling for basic service. Fact is Malema speaks for the poor! Had white people shared wealth earlier we won't be in this boat today, my advice about losing the R30-R50mil Tough!

      semaj - 2011-09-01 08:39

      FYI I share my "wealth" with the Black people I employ on my pensioner income. I provide dignified jobs to two breadwinners who in turn spread the income so generated to their immediate families, so by the latest count 10 people are living on what I pay 2 others. Apart from that I ensure that the breadwinners go home with a food package that at least ensures a modicum of nutrition for the kids. So, stone me, tie me up necklace me, destroy my source of income with your nationalisation plans, and thereby ensure that 14 of us will starve. (10+2+2)Sounds great, does it not?

      Felix - 2011-09-01 09:05

      Shame, I feel sorry for your braincell. It must be so lonely in that void of a head.

      Lab-Rat - 2011-09-01 09:19

      Why should investors be sensitive to the fact that the youth don't want to work but want everything for free?

      Megan - 2011-09-01 09:21

      White families LOOTING!?! Are you serious!?! White families do not sit on their backsides demanding that everything be given to them for free. White familes are the ones PAYING incredibly high amounts of money on taxes and utilities so that the "previously disadvantaged" can continue sitting on their backsides demanding everything for free. The only reason you are STILL, 17 years later, struggling for basic services is because the stupid government that you CONTINUE to vote for is stealing the money for themselves! Now, us taxpayers are probably going to have to foot the R30 million bill that a small group of people created. How many houses could that build? How many pipes for water and lines for electricity could that money have created? How many schools could have been upgraded with that amount?

      vrystaat - 2011-09-01 09:44

      must b so sad to have ur mindset nawe...always blame it on the white peolpe that ACTUALY efing WORK for their income unlike u useless ppl that just strike and destroy all the tym

      mike - 2011-09-01 10:56

      Nawe , you become an investor and pay the youth - how about it eh?

      Patroski - 2011-09-01 16:59

      How do you want the whites to share their wealth? They are already sharing through disproportionate taxes, affirmative action, land distribution, being robbed of their material possesions (and lives)... what else should they do? Maybe they should all just emigrate and let SA go to the dogs.

      gatvol4corru - 2011-09-01 17:48

      wow,another brain-dead comrade! Burned your books at school?

  • vrystaat - 2011-09-01 08:31

    Do u ever hear anything like this kinda sh1t from the other youth leagues like DA???nooo coz they civilized and help the comunity and not them selfs like the ANCYL does..ashamed to call myself a South African with these people incharge...SA needs Change!!

  • Freddie - 2011-09-01 08:32

    I am very seriously thinking of not paying tax any longer until I know who is going to pay for the damages to Jhb as well as the potential loss of investments (which, reasonably, could be estimated on say R6 billion. ANCYL has a prominent role to play in a democratic society, but its so-called leaders are bringing this once vibrant youth movement into serious disrepute.

  • Statistic - 2011-09-01 08:32

    Send the invoice to juju

  • Lyndatjie - 2011-09-01 08:33

    Give them the bill... don't even think about it - just send it to them and tell them to reimburse... If there is no accountability - it will happen again and again...

  • Nkalakatha - 2011-09-01 08:34

    The Ratanang Trust will have to pay for this mess !! Go Juju Go !!

  • errol.wagner - 2011-09-01 08:34

    I do not believe that the ANCYL is one bit concerned about investor confidence - the aim is to cause as much chaos as possible - be as unruly and undisciplined as possible - they have no understanding of the effects of this on their own future - what they need are leaders who can instill in them the desire to build rather than breakdown - this is the story of Africa - and ultimately the very people who are used as pawns by leaders like Malema are the ones who suffer - they rob themselves of their own future. The Bible in Romans 1 describes the consequences of a society that rejects God - God in judgment allows them to reap the consequences of their actions - he gives them over to what it calls a reprobate mind = a mind that can no longer function - can't grasp reality, can't see the difference between right and wrong and does not understand consequences of actions. Where are our spiritual leaders who will challenge the bad leaders and who will guide the youth in the right direction.

  • munchkin.ross - 2011-09-01 08:36

    I'm sure they can take this from juju's trust fund, or sell his houses and cars to cover the costs.