GENEVIEVE QUINTAL: State of disaster now a disaster of a state 🔒
As the Covid-19 lockdown destroys the SA economy, everyone is looking to the state, which had imposed it. The state needs to step in, but the demands are huge and they are growing.
The economic and social impact of the lockdown is far greater than many had expected, with about 3-million jobs already lost amid predictions that this could rise to 7-million in a country that already has one of the highest rates of unemployment in the world.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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