JOHANNESBURG, April 21 (Xinhua) -- About 65 percent of South African businesses believed that the COVID-19 pandemic will impact their business worse than the 2008/09 global financial crisis, a survey by Statistics South Africa (Stats SA) said on Tuesday. Stats SA released a survey about the...
This caused countries such as Japan, United Kingdom, European Union, the United States of America, France, Germany, Canada and Netherlands to halt flights to South Africa. This paper aimed to discuss the impact of the Covid-19 crisis on tourism entrepren...
South Africa’s nationwide lockdown in its fifth-straight week threatens to cripple the economy as companies file for voluntary liquidation and business rescue. South Africa, one of the top emerging markets, has been hard hit by the COVID19 pandemic. The country has performed 197,127 covid-19...
Simultaneously, required strengths of intervention measures are strongly debated because containing COVID-19 in favor of the weak health care system largely conflicts with socio-economic hardships. Here we analyze the impact of interventions on outbreak dynamics for South Africa, exhibiting the largest ...
However, the year 2020 experienced a global pandemic due to COVID-19. This COVID-19 created an adverse impact on human life, economic, environment, and energy and transport sector compared to the pre-COVID-19 scenario. These above-mentioned sectors are interrelated and thus lockdown strategy ...
The IHS Markit survey also showed that business performance of South Africa's private sector dropped at the quickest pace in the survey's history to a record low, as the private sector faces its deepest contraction in new orders against a backdrop of the rapidly evolving coronavirus pandemic al...
Robert H. Smith School of Business on Friday, April 24th — featured guest speakers from the International Monetary Fund (IMF) as well as the World Bank who addressed “the global implications of the COVID-19 economic impact on developing and low-income countries, with Africa as an ...
While COVID-19 is a public health crisis, the primary effect on most people is in the form of financial distress.The adverse effects of COVID-19 on financial lives, business, and ways of life is tangible and sizable across all countries. This continues to underscore the fact that this is...
business since March. But the outbreak of overseas epidemics in March gradually revealed the impact of import and export trade business. Now China with a long term depending on imported iron ore, manganese ore and chrome ore has encountered the impact of the epidemic situation which main ...
COVID-19 has delivered an enormous shock to the global economy, triggering the deepest recession in eight decades, almost three times as deep as the 2009 global recession. Of all the nations in Africa, Nigeria remains one of the nations with a huge and significant impact on the human capital...