Tag: business for south africa
From this morning, South Africa entered into softer lock-down regulations. Under level 2 regulations, almost all economic activity has been allowed to resume. The previous lock-down levels have been extremely challenging, and Business for South Africa is calling for swift reforms to accelerate inclusive growth. Joining CNBC Africa for more is Martin Kingston, Steering Committee Co-Chairperson for Business for SA.
South Africa’s government needs to step on the accelerator and speed up the phased restart of the economy from Covid-19 lock-downs to minimise hardship, hunger and desperation. That’s the view of business alliance group, Business for South Africa. The business group says failure to speed up the return to normal activity could in fact weaken the country’s ability to fight the impact of the coronavirus pandemic. Cas Coovadia, CEO of Business for South Africa joins CNBC Africa for more.
As South Africa moves to flatten the curve from the COVID-19 pandemic, business says efforts needs to be made to simultaneously flatten the recession curve. Currently the nation awaits President Ramaphosa’s economic recovery plan which is expected to outline how government plans to reignite South Africa’s growth engine again. Business for South Africa’s Martin Kingston joins CNBC Africa for more.