ALAN WINDE: Private sector, not the state, drives growth in the Western Cape
That said, the province's emergency economic relief and recovery programme aims to create nearly 20,000 new jobs
23 October 2020 - 12:43
Covid-19 has had severe consequences for SA. Our country’s economy is shrinking. Unemployment is growing. SA is facing the prospect of a debt crisis, and the national government will look to fund this growing gap by drastically cutting provincial budgets.
This is happening as the national government chooses to pour billions more rand into SAA. At a time when unemployment, poverty and hunger are growing, this is money that could have gone into improving the lives of South Africans...
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.