KZN economy in 'dire, dire straits'

United States News News

KZN economy in 'dire, dire straits'
United States Latest News,United States Headlines
  • 📰 IOL
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

There is a sense of desperation mixed with relief as tourism, hospitality and personal services businesses across ­KwaZulu-Natal anxiously await a date for re-opening. lockdown IOSNewsSA

Durban - There is a sense of desperation mixed with relief as tourism, hospitality and personal services businesses across ­KwaZulu-Natal anxiously await a date for re-opening.

“South Africa is in dire, dire straits at the moment. We are close to losing one in five jobs in the private sector,” he said, adding that coastal cities would be particularly hard hit because the tourism industry had been “decimated”. The survey to compile the report was conducted by Edtea, KZN Business Chambers Council and UKZN Graduate School of Business and was conducted between May 15 to June 15 .

But as of yesterday, there was no clarity on when this might happen or what protocols would be required. PWC economist Christie Viljoen said every effort was needed to retain jobs, and when a business closed, another would not necessarily take its place in such a tight economy.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

IOL /  🏆 46. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

KZN toddler dies of smoke inhalation from traditional heaterA three-year-old and a 44-year-old have died in KwaZulu-Natal after inhaling smoke from imbawula (a traditional heater) fueled with charcoal.
Read more »

KZN toddler dies of smoke inhalation from traditional heaterA three-year-old and a 44-year-old have died in KwaZulu-Natal after inhaling smoke from imbawula (a traditional heater) fuelled with charcoal.
Read more »

Claims we paid R170,000 per water tanker are fake news – KZN education deptClaims we paid R170,000 per water tanker are fake news – KZN education deptThe department has been implementing infrastructure projects with haste to ensure schools have proper facilities to combat Covid-19.
Read more »

KZN to clear Covid-19 tests backlogThe KwaZulu-Natal Covid-19 tests backlog has been reduced from 29000 to 11000 and is expected to be cleared by the end of next week according to the National Health Laboratory Service
Read more »

KZN education suggests pupils attend schools on alternate daysIn a bid to comply with Covid-19 regulations and to prevent the spread of the virus, the KZN Department of Education has proposed that pupils who return to school in phases in July and August attend classes in groups on alternate days.
Read more »



Render Time: 2025-03-11 20:29:34