As the spread of the coronavirus curbs global travel and trade, there is little doubt SA will remain in recession this year.

The government spent the past week ramping up measures to contain the virus, planning to help distressed businesses and ensuring financial stability. Economists and the Reserve Bank cut the growth outlook to negative territory for the year.

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 exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now