Tuesday, December 4, 2007

S Cape flood damage estimates run into millions

Damage estimates of the flooding that occurred in the Southern Cape is already pegged at R650 million. Infrastructure damage alone is nearly half of that, while damage on farms is about R200 million. The total bill for last year's flood was just over R500 million - excluding damage to private property.

Private insurance claims are expected to amount to more than R100 milllion. A leading insurer is already looking at claims worth R60 million. Some Little Brak River residents are still cleaning up. Residents from the nearby Powertown informal settlement also suffered huge losses... SABC


Wappa-wappa-wappa...

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