The economy could contract more than 50% in the second quarter as a result of the lockdown and many economists still expect a full-year contraction of as much as 10%, despite first-quarter numbers that were not as bad as expected.
This comes as Business for SA (B4SA) readies to publish a comprehensive economic recovery plan, which it previewed this week with President Cyril Ramaphosa...
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.