Up to 2-million jobs could be lost in Gauteng’s version of Great Depression
The premier sketched a picture of the economic devastation facing the province, which will change lockdown levels as a whole
Gauteng, SA’s economic powerhouse, will move to a less restrictive lockdown level at the beginning of June, which will provide much-needed relief from an unprecedented economic and human catastrophe, according to premier David Makhura.
Addressing a virtual sitting of the provincial legislature, Makhura said the province, which ordinarily contributes more than a third of the country’s GDP, could lose as many as 2-million jobs. Gauteng had about 15-million people in 2019, according to Statistics SA data...