BUSINESS MAVERICK ANALYSIS: Counting the economic cost of the 2Q Covid-19 lockdown

The second-quarter growth statistics released in the US and Euro-zone confirm the record-breaking knock the global economy has experienced as a result of the pandemic. The extent of South Africa’s economic decline during the lockdown has yet to be revealed. Mixed messages from available economic indicators make it more difficult to see whether it is likely to surprise on the up or downside. What is not in doubt is the urgent structural reforms that are needed to reverse decades of deep domestic economic damage....

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Published By: dailymaverick - Monday, 3 August