Lockdown to combat the spread of Covid-19 has devastated Gauteng’s economy, eradicating nearly a decade of growth in a province that accounts for 34% of GDP in SA.

The province’s GDP shrank by about R80.9bn in 2020 to R1-trillion, finance MEC Nomantu Nkomo-Ralehoko said as she tabled a R142.6bn budget in the provincial legislature...

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