By Tebele Luthuli
As people, governments, businesses and civil societies across the globe grapple with the coronavirus pandemic and lockdowns, criminal syndicates are taking advantage.
The bans on cigarette and alcohol sales have dramatically boosted the fortunes of criminal syndicates and even seen gangs expanding their activities into these markets as their regular criminal activities have been disrupted by the lockdown.
By Busi Mavuso
On Friday, the curtain finally starts to lift on what must rank as the most difficult period for a South African economy that has been through the worst over the past decade.
The closure of taverns and shebeens due to lockdown, while necessary, has unfortunately meant significant loss of income for a lot of people across South Africa, particularly in poorer areas.
By Busi Mavuso
Business has been at the coalface of the damage caused by the lockdown and is most anxious to get back to work.
We needed decisive intervention from government in the face of an economy that is set to reel from the effects of covid-19. It was delivered.
There’s a lot riding on the solutions that the cabinet proposes to recast the economy for much-needed growth.
The reasons for the ban on cigarette sales, though, remain unclear and should be open for discussion and review.
National Treasury and the Reserve Bank are stepping up to the plate with responses to the Covid-19 pandemic – despite having very little wiggle room given our fiscal constraints.
The two-week extension of the lockdown is like taking a punch to the gut, but we need to consider the ramifications. Economists are penciling a deeper GDP contraction this year of -9.7%.
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