We cannot afford to switch SA’s economic engine off, says Oppenheimer
Billionaire businessman Jonathan Oppenheimer lauds ‘most extraordinary co-operative process’ in SA
31 March 2020 - 20:09
SA cannot afford to let the economy slow down drastically during the Covid-19 fight or it risks entering a full-blown economic depression, billionaire businessman Jonathan Oppenheimer said Tuesday.
“The US is going to spend $2-trillion, the UKis spending at least $500bn not to switch off the engine. We cannot afford to switch off the engine, because if we do we'll be in a true depression. So we need to find ways not to do that,” he said...
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