https://newsletter.po.creamermedia.com
Deepening Democracy through Access to Information
Home / News / All News RSS ← Back
Africa|Business|Fire|Marine|Motors|Repairs|Systems|Transnet|transport|Trucks
Africa|Business|Fire|Marine|Motors|Repairs|Systems|Transnet|transport|Trucks
africa|business|fire|marine|motors|repairs|systems|transnet|transport|trucks
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

Toyota files R6.5bn South Africa flood damage lawsuit – Business Day


Close

Embed Video

Toyota files R6.5bn South Africa flood damage lawsuit – Business Day

Toyota's Prospecton plant

20th June 2025

By: Bloomberg

SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

Toyota Motors Corp. has brought a lawsuit for R6.5-billion in a South African court for 2022 flood damages that shuttered its plant near Durban, Business Day reported.

The claim against Transnet SOC Ltd., the KwaZulu-Natal Department of Transport and eThekwini Municipality has been brought in the high court in Durban by Toyota South Africa Motors’ insurer, Tokio Marine & Nichido Fire Insurance.

Advertisement

It alleges that the floods, which closed the Prospecton plant for four months, cost the company about 4.5 billion rand in plant repairs and rehabilitation and more than 2 billion rand in business interruption, the newspaper reported. The suit, which claims interest on the sum, alleges that by failing to maintain waterways and drainage systems that carried the floodwater, the three defendants shared responsibility for the damage.

“A successful case on behalf of Toyota could encourage others to seek compensation from municipalities and state-owned enterprises whose failure to deliver causes them losses,” Business Day cited a lawyer unconnected to the case.

Advertisement

Immediately after the flood, Toyota predicted a 33% drop in planned vehicle production in 2022 and potential sales revenue losses of over R27-billion, the newspaper reported.

Prospecton builds the Hilux pickup truck, the Fortuner SUV, Quest and Corolla Cross cars, HiAce minibuses and Hino trucks and buses. About half of production is exported, mainly to Europe.

The 2022 KwaZulu-Natal floods and landslides were declared a national disaster and left more than 400 people dead.
 

EMAIL THIS ARTICLE      SAVE THIS ARTICLE

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Email Registration Success

Thank you, you have successfully subscribed to one or more of Creamer Media’s email newsletters. You should start receiving the email newsletters in due course.

Our email newsletters may land in your junk or spam folder. To prevent this, kindly add newsletters@creamermedia.co.za to your address book or safe sender list. If you experience any issues with the receipt of our email newsletters, please email subscriptions@creamermedia.co.za