Picture: 123RF/SHAUN WILKINSON
Picture: 123RF/SHAUN WILKINSON

The Treasury has warned of a jobs bloodbath, with the unemployment rate expected to surge by up to 50% due to the economic fallout from the coronavirus pandemic.

Momentum, however, says this can be avoided as it proposes salary cuts instead of retrenchments.

Business Day TV spoke to one of the group’s economists, Johann van Tonder, about how to protect jobs.

Or listen to the full audio:

Subscribe for free episodes: iono.fm | Spotify Apple Podcasts Pocket Casts | Player.fm

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

Speech Bubbles

Please read our Comment Policy before commenting.