×

We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now
Sponsored

As a country, we started the year under huge financial pressure, facing a national deficit of R300bn. The global Covid-19 pandemic further affected our economy, bringing about forecasts that the economy would shrink by as much as 15%, Moody’s downgrading SA to junk status, and National Treasury estimating as many as two-million job losses.

On the flip side of the coin, the rand made a speedy recovery from R19 to the dollar to R16 to the dollar, and helped entities such as Sasol dramatically recover their share prices. Akin to the aftermath of a forest fire, green shoots abound in SA. We need to change our mindsets to be optimistic and look for those green shoots in our lives and our economy...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.