The 10 countries with more than 90% of all coronavirus infections to date have contributed well above 50% to the world’s GDP, putting the world at risk of entering a recession, a leading SA economist told a virtual conference for financial advisers this week.  

Stanlib economist Kevin Lings said economic data coming out in the next few weeks and months is going to look “horrendous” and there will be a significant pullback in performance...

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.