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...

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 articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now