B4SA welcomes state’s move to ease lockdown at end of May
B4SA says unless SA can quickly restore people’s capacity to earn, not only will government revenue collapse, but huge business failures will ensue
Business for SA (B4SA) has welcomed the government's announcement of its intention of further ease the Covid-19 national lockdown and reopen the economy.
On Wednesday night, President Cyril Ramaphosa (https://www.businesslive.co.za/bd/national/2020-05-13-powerhouse-cities-may-stay-locked-down/) announced that consultations would soon begin for an end-of-May relaxation of one of the most stringent lockdown regulations in the world. He said by the end of the month, most of the country may move to level 3 of the government’s risk adjusted strategy, except for those areas where Covid-19 infections remained high...