The City of Cape Town says the cost of damage to infrastructure and property during the taxi strike is valued over R4 million.
This is only a preliminary assessment by the City.
Three Golden Arrow buses and three commercial trucks were torched on Thursday the 24th of March.
The bus company has incurred a loss of R3.5 million , the City more than R200,000.
And private vehicles amount to around R380,000.
The City says a damage assessment report has been submitted to its Legal Services for consideration.
Mayoral Committee Member for Safety and Security, JP Smith they want the organisers to be held accountable.
“The list of incidents reported during Thursday’s chaos is extensive and includes vehicles being stoned, petrol-bombed, hijacked and looted. The City condemns these actions in the strongest terms and we call on SAPS to investigate these acts and bring those responsible to book”.