The Great Recession looms in South Africa’s future

“Within weeks, COVID-19 has turned the world on its head and fast-tracked a global slowdown that may turn out to be unprecedented. COVID-19 has already had an indelible effect on our values, expectations and hopes, as it infiltrates every crevice of economic activity. No business and no consumer – whether rich or poor, big or small – will be immune to the direct and indirect economic effects of the pandemic.”