The business group - made up of the Black Business Council and Business Unity South Africa - was formed to support government's efforts to deal with the effects of COVID-19.
Business for South Africa said it understood why President Cyril Ramaphosa implemented the nationwide lockdown but it was time to change gear. He responded to criticism that the business community is only thinking about profit and less about the safety of workers.
Government dont know what to do now. On the one side poor people hungry people lose jobs another side they waiting for peak time. People call for reopen economy is not the one really working on production.
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Business for SA sees GDP plunging up to 17% after lockdownBleak outlook highlights pressure on government finances with Sars commissioner predicting a revenue shortfall of about R285bn Add tax too. I.e more than 17 actual percentages
Source: BDliveSA - 🏆 12. / 63 Read more »
Business for SA sounds Covid-19 mental health warningSA is entering its seventh week of a stringent national lockdown, which has seen the government impose sweeping restrictions on trade, travel, drinking, smoking and social interaction. And the Who said we would reach our peak in 6 weeks? A complete waste as it's already failed in western cape the harsher the lockdown the less compliance and higher chance of failure its not sustainable economically and will collapse with no gain. Less harsh and you have higher compliance and can last months we have moron leaders
Source: SowetanLIVE - 🏆 13. / 63 Read more »