As business, labour, the government and community representatives met this week to share proposals on how to drive an economic revival, new economic data indicates how hard the economy has been hit by Covid-19.

With job losses rising, incomes falling and businesses shutting, especially in the worst-affected sectors, the damage will be hard to reverse. The cancellation of investments by several companies will weigh on the economy's capacity to turn around...

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.