Sakeliga supports top-economists’ plan to open the economy – safely
22 April 2020
Business organisationSakeliga and several business chambers have announced that they intend to support an economic strategy proposed by a number of prominent South African economists and companies.
The plan, proposed by ETM Analytics and ETM Macro Advisors, represents a drastic deviation from existing policies. Rather than prohibiting “non-essential” economic activity, it would identify and prohibit risky behaviours.
“Considering the imminent end of the nation-wide lockdown, it is important for public conversation on our post-lockdown strategy to be opened as soon as possible. Sakeliga believes that this plan represents an excellent approach to safely restarting economic activity,” says Piet le Roux, CEO of Sakeliga.
“Though SARS-CoV-2 represents a serious danger to human health, the lockdown has demonstrated that economic disintegration also has the potential to kill. If we are not careful, this situation may only worsen – even after the lockdown has been lifted. “