Tag: covid-19 lockdowns
Manufacturing is very prone to COVID-19, with many small businesses closing without credit to sustain them. Many had problems as far back as 2015 as they faced changing in markets and also disruptions from electricity and less investment confidence in the South African economy.
Angola is on the edge of tightening its Covid-19 lock-down restrictions as the number of confirmed cases rise to 35.
The focus for many Sub- Saharan African countries is the re-opening of economies following strict lock-downs that were implemented in March due to the Covid-19 pandemic. Joining CNBC Africa to unpack more on the re-opening of African economies is Ridle Markus, Africa Strategist at Absa Corporate and Investment Banking.
A number of JSE listed companies are delaying the publication of financial results and annual reports, saying COVID-19 lock-downs are making it hard for their auditors to conduct a proper audit process. Joining CNBC Africa for this discussion are Tara Smith, Department of Professional Practice in South Africa at KPMG, Stephen Ntsoane, EY's Assurance Leader for South Africa and Andrew Mackie, Managing Partner, Africa Audit & Assurance, Deloitte & Touche.