Sponsored Content: The Ninety One SA Recovery Fund targets R10bn to help restore SA’s economic health

In recent weeks, South Africans have seen growing evidence of the devastating impact of the protracted lockdown on the economy. There is now a body of evidence suggesting that the contraction in Gross Domestic Product could be as severe as 10%, and the country looks set to experience the worst recession in living memory. If productive capacity is not preserved, South Africa could experience an L-shaped recession, whereby it takes a decade for the economy to return to its 2019 size....

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Published By: dailymaverick - Wednesday, 1 July