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...
GAUTENG (South Africa)WORLD BankCOVID-19BUSINESS enterprisesThe impact of COVID-19 on businesses has manifested in different degrees across the globe. Yet, literature has not classified firms regarding their resilience to the pandemic. This paper applied the l...
In a statement, AMP blamed the unexpected and devastating impact ofCOVID19for its downfall. Government Stimulus plan President Cyril Ramaphosa announced the government’s commitment to rescue distressed businesses with a R500-billion ($27 billion) stimulus plan. Out of this, R200 billion will be e...
Credit rating agency S&P Global Ratings said in a report on March 31 that South Africa's economy is forecast to contract by 2.7 percent in 2020, as the COVID-19 pandemic spreads globally. Businesses in Ghana, one of the world's top-ten fastest growing economies, are also facing tough tim...
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 and stay at home rules to reduce the COVID-19 transmission had a ...
Likewise, the impact on businesses is perceptible in Mexico, where more respondents expected significant reductions in revenue and having to close their business. In Nigeria, there was a marked rise in respondents noting a decrease in income and expectations of adverse financial and health effects. ...
While the advanced countries have the capacity to mitigate the adverse economic impact on livelihoods, small businesses, services, through massive government rescue programs, low income countries have no commensurate resources. The webinar discussed national and global responses to the plight of ...
The effects of COVID-19 have impacted businesses everywhere. We checked in with six of them to see how they’re adapting while staying connected to their communities. From a fitness studio to a direct-to-consumer fashion brand to a cult favorite restaura
s rights. That is why we have also launched a report that recommends ways to put women’s leadership and contributions at the centre of every country’s efforts to fight and recover from COVID-19. Tomorrow, I will launch a report on the impact of the virus on children, from health and...
In this paper we assess the impact of COVID-19 restrictions on school energy usage and quantify the financial savings and environmental impact of these changes. The assessment was done to understand the impact of occupancy on the energy requirements of a school (the delta), and also to ...