Timing is everything, and I can only presume the commissioner of the SA Revenue Services is having nightmares. For him to hear the president promising untold billions in relief while this economic disaster of a lockdown continues, must be like standing on the beach as a tsunami sucks the water back, knowing that the coming wave will be devastating.

April is not where the financial disaster is going to be felt — that is only going to start in May and beyond. It will be then that the millions who did not get paid April salaries by small and medium-sized businesses will start realising that the cupboard is bare...

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.