For those who lost earnings, almost 75% say they have had to cut spending to cope, while just more than half have accessed their savings
A quarter of participants in a new survey by Stats SA have seen their incomes reduced during the nationwide lockdown, which is now into its eighth week.
Though President Cyril Ramaphosa announced last week that much of the country would move to level 3 lockdown by the end of May, the state is facing growing calls to reopen the economy at a more rapid pace. According to Stats SA, 50.8% of respondents believed that Covid-19 and the national lockdown would have some sort of affect on their ability to cover their financial obligations.
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