COVID-19 lockdown is exacerbating SA's economic woes – CHRIS HATTINGH
The devastating effects of South Africa's draconian lockdown are playing out in front of our eyes. Implemented on 27 March 2020, the lockdown has piled on misery for an economy that was already taking its last breaths. The myriad nonsensical regulations, amongst which, for example, was the banning of e-commerce, have meant that businesses, employees, and their families, are in a state of limbo. While a global pandemic could be expected to cause significant economic disruption, as people adjusted their behaviour and work patterns, harsh lockdowns and regulations have unnecessarily exacerbated the negative effects.
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Publish date: 02 June 2020
The views expressed in the article are the author’s and are not necessarily shared by the members of the Foundation.