A man walks down an empty street in Johannesburg on the first day of the 21-day lockdown. Picture: THAPELO MOREBUDI
We have also picked up a few lessons from the lockdown that President Cyril Rampahosa should consider when he announces further easing of the restrictions. What may come as a surprise is that even those whose services and products are deemed more essential than ever are starting to feel the effect of the rolling economic calamity.
The dilemma faced by Consol, whose costs of keeping furnaces burning and keeping employees at work far outstrip the revenue it earns from the sale of glass to sectors considered essential, highlights the complexities of operating in a partially closed economy. Brian Joffe, founder of industrial conglomerate Bidvest, also rightly called into question the government’s idea of putting different provinces, cities or districts on different levels at the same time because one company could have built a warehouse in Pretoria and have clients in Johannesburg or any other area that might still be under tougher restrictions.
Rational decisions? Not holding my breath.
Imagine the economic hubs are locked down at level 4 and the rest of SA is level 3. How dumb would that be?! But I won’t put that past the ANC farts.
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