Covid-19 is spreading, and mass hysteria and panic buying are causing irreparable damage to the global economy. Companies worldwide are distributing notices to staff cancelling international travel, conferences and in-person meetings, implementing business continuity plans and giving detailed instructions on how to limit their employees’ chances of catching the virus.

President Cyril Ramaphosa has announced a state of disaster and instituted a rapid effective response system, including closing schools, prohibiting gatherings of more than 100 people and instituting a travel ban on foreigners from high-risk areas. ..

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 or call 0860 52 52 00. Got a subscription voucher? Redeem it now