Risk Alert | SA jobs bloodbath and four risks for the global economy

20 July 2020 - This week, Dr Frans Cronje discusses the results of a recent survey which revealed that an estimated 3 million jobs may have been lost as a consequence of the lockdown.
Risk Alert | SA jobs bloodbath and four risks for the global economy

Government plans to introduce a basic income grant to offset the social and economic impact of the lockdown will put even more pressure on the already strained fiscus. Government may make a move on private pensions to finance the grant programme, he argues.

Although the global economy appears to be bouncing back after Covid-19, Dr Cronje highlights four risks which may derail this recovery.

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