“Recently announced measures to curb South Africa’s second wave of Covid-19 will probably throw the economic recovery off course, with GDP likely to contract in Q1 if restrictions are extended,” it said in a note this week.from Level 1 shut down an estimated 20% of the economy in one fell swoop. That is significant and clearly a setback for the ongoing rebound from the massive 51% contraction in the second quarter of 2020.
“If the restrictions are extended further into Q1 and even ramped up, the risk of a contraction of GDP in Q1 will mount. This is certainly not out of the question, especially as the widespread distribution of vaccines is not imminent in South Africa,” Capital Economics noted.: “If lockdown is extended beyond 15 January, I think some manufacturing firms may also take a further break as people are not shopping as much during this new lockdown.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Thank God for bringing bitcoin to man,it has being a great source of blessing to all of man kind who have passion for bitcoin trading. Now the poor are getting rich over night and the rich getting richer. lisaMakT thank you for your proper management .
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Business Maverick: Mboweni’s hard stance on a wage freeze for public servants starts to pay offIn the 2021 Budget Review, National Treasury said government expenditure will reduce by R264.9-billion over the next three years, thanks to the wage freeze that targets South Africa’s 1.2 million public servants. Well done tito_mboweni 👏👏👏🙏🇿🇦😷💉 So expect more looting from our public servants to keep their lifestyles going. The wage freeze if anything -is an indictment on the ruling party. Public service is not bloated, considering the impact of covid19 most public servants should be celebrated and compensated accordingly. Public service is not the enemy, the wage freeze is misdirected
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
BUSINESS MAVERICK: Annual results: Massmart’s turnaround programme starts to pay offMassmart’s shares rallied 21% after it announced it was disposing of more non-core assets as its turnaround programme starts to gain traction.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
BUSINESS MAVERICK: Concrete developments: Rights issue pressure is off as PPC sells its lime businessThe disposal means the cement producer may not have to resort to a rights issue. But after a strong run in its share price, raising fresh equity capital may still be an option.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
BUSINESS MAVERICK 168: Driving in times of Covid lockdown: Uber, Bolt and the pivot to surviveThe Covid-19 rebound – when it comes – is expected to create some momentum for small companies. But in the meantime, the focus is on survival.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
Business Maverick: Japan’s Double-Digit Expansion Signals Resilience in EconomyJapan’s economy clocked another quarter of double-digit growth and finished the pandemic year in better shape than initially expected, signalling the potential for a more sure-footed recovery once a damaging state of emergency ends.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »