Officials say 110 people died in the violence in the first week of October, mostly protesters killed by gunshots.
But for enterprises whose business is conducted online, these workarounds have not prevented heavy losses.One online delivery company incurred more than 50% losses daily after it lost access to the locations of its clients, businesses and couriers, its finance director told AFP. Worst hit are the start-ups that are just starting to flourish in Baghdad and elsewhere in Iraq — where online shopping and services are still in their infancy.
Normally, each of these pages might make “10 to 15 sales a day for an average of $40 per purchases,” he said, estimating losses already into the tens of millions of dollars.The cuts have also had a social impact in the conservative country, where many find work in the informal economy. And travellers who might otherwise make reservations online are calling travel agents to make arrangements.
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.
Eskom power cuts return to haunt SA’s economyAs Eskom faces a rafts of unplanned plant outages and reinstitutes rotational power cuts SA, and investors, are reminded how close to the edge the power system is
Source: BDliveSA - 🏆 12. / 63 Read more »
Hopes for more jobs on the ground, as SKA reaches for the skyHuge scientific project is expected to boost the economy of the Northern Cape
Source: BDliveSA - 🏆 12. / 63 Read more »
Ekurhuleni mayor slammed for ‘senseless’ Durban harbour tweetEconomists say the harbour’s closure would be devastating for the economy Its not senseless...no mineral is leaving this country ever again
Source: BDliveSA - 🏆 12. / 63 Read more »
Corporate SA needs higher moral standardsSA's government has the difficult task of reviving a stagnating economy.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
WATCH: Grade 9 exit plan: a good idea for SA’s economy?Business Day TV speaks to a panel of experts about the government's Grade 9 plan Why should we keep people that don't want to be in school, in school? The unemployment rate 🤯... guess the exit plan for that is under construction?
Source: BDliveSA - 🏆 12. / 63 Read more »
WATCH: How load-shedding affects the economyBusiness Times columnist Hilary Joffe and a panel of journalists discuss stories making the news, in the latest edition of Editing Allowed
Source: BDliveSA - 🏆 12. / 63 Read more »