COVID-19: How are South African Companies Responding to the Crisis?
The Covid-19 crisis has resulted in a new and very complex situation around the world. CDE wanted to find out how some of our biggest companies in different industries and sectors, facing diverse challenges and opportunities, are dealing with the situation. Covid-19 has created unprecedented challenges and uncertainty, which makes it hard to think about economic recovery. We have to face the reality that the economy’s responsiveness to new opportunities will be constrained for the foreseeable future by stressed balance sheets and reduced capacities. Now more than ever, South Africa needs broader, deeper reforms to build a faster growing, more inclusive economy enabled by a capable state and consisting of many, competitive, job-creating firms.