South Africa post-2020: Covid-19 and the economy (part 1)
The year 2020 will be remembered as one of unprecedented uncertainty, and 2021 looks set to not buck its predecessor’s trend. Prof Raymond Parsons from the Business School at the North-West University (NWU) looks ahead at what the new year will hold for the South African economy and consumers alike. This is the first part of a series of articles.
As the world and South Africa continue to struggle with the seismic impact of the Covid-19 pandemic and with renewed surges in Covid-19 cases, social tensions are surging and severe socioeconomic consequences abound.