Monetary policy and reforms are the only wiggle room SA has
Pandemic offers the government a chance to implement structural reforms that earlier seemed out of reach
23 April 2020 - 14:23
The Covid-19 pandemic is cutting a swathe of economic devastation across the world; an unprecedented global recession is now upon us. Unfortunately, SA, which was already in recession when Covid-19 hit, will not get away lightly.
The second quarter of 2020 will mark a huge step-down in economic activity, with only a gradual and partial recovery afterwards given likely permanent firm closures, worker layoffs and impaired balance sheets...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.