Lest we forget the informal sector during Covid-19
The state must come up with a series of robust interventions that will cushion this segment of our economy before and after the crisis
The coronavirus is carried by people, and their movement enables it to spread exponentially — where one infected person potentially can transmit it to, say, two or three people, who in turn each spread it to two or three others. The real danger is that symptoms take anything from two to 14 days to appear (reports on this vary), so people can spread it unwittingly and that is why it is so difficult to curb its spread.
Semi-formal and informal trading zones are likely to be the hardest hit economically during the lockdown. We anticipate that the lockdown in SA will have to be extended, and the more prolonged it is the more damage it will do to our already fragile economy. A critical concern is that post-lockdown recovery strategies have not been communicated by the government...