SA economy crashes to below 2008/09 crisis levels
14 June 2020
Crucial reforms still lacking
The South African government’s legislative reaction to Covid-19 has been an acute shock to the economy. This follows on an economic policy environment which has
South Africa is, at present, in far worse state than was the case even during the economic crisis of the late 2000s. In the coming period, the nature of policies that remain in the wake of Covid-19 and steps toward reform (or lack thereof) will be crucial to the welfare of all communities in South Africa.
These are some of the findings in business group Sakeliga’s quarterly Economic Update for Business Decision-makers, published