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Assessing and promoting civil and minority rights in South Africa.

[Source: BusinessTech.]

Statistics South Africa has published its second business impact survey, providing an update on how well South African businesses are currently faring under lockdown. The answer is simple, not very well.

The survey, which features responses from 2,182 businesses, covered the period 14 April – 30 April 2020.

Just over a third (36%) of firms indicated that they are laying off staff in the short term as a measure to cope with the Covid-19 pandemic. This is higher than the 20% reported in the first survey.

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South Africa at a Glance
59 620 000 (mid 2020 estimate)
3.2% y/y in July 2020 (CPI) & +1.9 y/y in July 2020 (PPI)
-51% q/q (2nd quarter of 2020)
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