The Sandton CBD in Johannesburg, empty and unproductive during the Covid-19 lockdown. Picture: SEBABATSO MOSAMO
Reading between the lines, one thing was clear in Ramaphosa's speech: the pace at which government believes we should proceed. The astounding lack of urgency about salvaging our economy is cause for considerable alarm, if not flat-out panic. The economic cost of the ongoing lockdown is being severely underestimated, and the government seems oblivious to the carnage playing out in business. Most South African businesses, across all sectors, have been under enormous pressure during the past decade as we tried to navigate a particularly difficult operating environment hampered by policy uncertainty and rampant corruption.This extended and overly severe lockdown will be the death blow for many companies.
We do not need to be mollycoddled by the government. It would make far more sense for the government to open up the economy entirely, and work closely with business to restrict items and practices that pose the highest risk. It makes absolutely no sense to try to define which items may be bought while others may not.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: News24 - 🏆 4. / 80 Read more »
Donald Trump brushes aside Rory McIlroy’s criticismOutspoken Irish golfer says the US president is trying to turn the coronavirus crisis into a campaign rally
Source: BDliveSA - 🏆 12. / 63 Read more »
TIM HARFORD: Lessons on health and help from a bloody tarmacDuring the coronavirus crisis, you’d think a man sprawled next to his bicycle would be a major no-go zone
Source: BDliveSA - 🏆 12. / 63 Read more »
Almost 600 coronavirus infections in SA’s prisonsThere has been a steep jump in the number of coronavirus infections in the prison system. SouthAfricansP1 Is it anything to do with sex in the city ? Give those niggas lengana, finish and klaar.
Source: TimesLIVE - 🏆 28. / 59 Read more »
Almost 600 coronavirus infections in SA’s prisonsThere has been a steep jump in the number of coronavirus infections in the prison system. Amanga lawa😒net kusi bangela igebengu Sharp leave them there
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Lockdown regulations not meant to harm citizens - Ramaphosa“Our foremost priority remains to save lives. Our every decision is informed by the need to advance the rights to life and dignity as set out in our constitution.” kgmadisa kgmadisa Dont talk about the constition when you are aggressively squashing it! CyrilRamaphosa EndTheLockdownSA EndTheBans kgmadisa Govt may be acting in 'good faith' but its intentions are undermined by authoritarian tendencies, corrupt local administrations & incompetent ministries. Govt has cultivated these conditions - none of which are compatible with SA's constitution or the well-being of its people. kgmadisa Tel the world how your gov. steal from the poor, how you took away your citizens civil rights, and means to earn a living, and how you pretend to be god in your own country where your gov. is the oppressing 57 ml people, with no evidence at all, with an excuses of saving lives
Source: SowetanLIVE - 🏆 13. / 63 Read more »