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recovery
South Africa, deep in a financial crisis caused by the Covid-19 pandemic, may show an economic upturn as local and global economic activity resumes. However, to make this financial recovery sustainable, and remove us from a long-term, low growth environment, will require confidence-boosting measures supported by disciplined execution, says Old Mutual. Although there is still...
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COMMENT I previously wrote about how post-pandemic infrastructure stimulus spending could take us even further backwards because of the way “local content” is structured. We are getting closer to the point where we need to think about this, with the onset of level two. Government policy for major tenders requires that 30% be awarded to...
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The economic hardship because of Covid-19 is more likely to be felt by women-headed households in South Africa, according to the latest study by the United Nations Development Programme (UNDP).  South Africa is the worst affected country on the continent and is ranked fifth in the world with close to 600 000 infections and more than...
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Despite the stock market returning to all-time highs, many can’t shake the feeling that all is not well in the economy.  Today on The Breakdown’s Weekly Recap: People aren’t buying “the Great American Recovery” Let’s stop considering the economy as one thing Dave Portnoy doesn’t care about your principles DeFi is the Wild West and...
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Covid-19 is as contagious economically as it is medically. Estimates by the Centre for Risk Studies at the University of Cambridge put the worst-case scenario cost of the pandemic to the global economy at a nightmarish $82-trillion over five years, with an optimistic loss of $3.3-trillion in the case of speedy recovery.  Like the Covid-19...
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