Covid locking out growth

05 July 2020 - 05:08 By HILARY JOFFE

The economy could contract more than 50% in the second quarter as a result of the lockdown and many economists still expect a full-year contraction of as much as 10%, despite first-quarter numbers that were not as bad as expected.

This comes as Business for SA (B4SA) readies to publish a comprehensive economic recovery plan, which it previewed this week with President Cyril Ramaphosa...

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