Company Comment
Economic collapse or human decimation, tough choice for state
Whichever route Cyril Ramaphosa and his team choose, brickbats will be thrown at them
The same can be said if SA drops into an economic quagmire, with unemployment rising from one in three, and the taxpayer and company tax generators collapse, putting social grants in doubt and deepening poverty and desperation.
Consider the thinking of the Minerals Council SA. It says that mines have to go back to work at the end of the 21-day lockdown, albeit on a limited basis, with all due precautions to protect employees in place, or the industry faces permanent damage. Some companies are already operating on a limited basis, but the industry wants more. The industry employs 450,000 people who support large family networks, many in impoverished rural areas. ..
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