Blog
Covid19Other service activities
The Good, The Bad and The Ugly
My wife and I recently drove through the Overberg in the Western cape and were treated to a view of lush rolling wheat and canola fields merging with the snow-capped...
Covid19Other service activities
The Impact of Covid on Individual Industries
The move to lock down level two brings with it some hope that our economy will gain a fresh momentum to recovery. The WOW industry reports researched since the beginning of lock down have covered the direct impact of the pandemic on various industries. These are some of the observations: Online retail Prior to the corona virus pandemic, online retail sales grew by 20% in 2019, but still accounted for less than 2% of South Africa’s R1-trillion overall retail trade. This compares with ecommerce penetration of 13% to 20% in relatively mature markets in Europe, the US, and China.
Covid19Other service activities
Sectors To Watch Post-Covid
In the light of the president’s commitment to a social compact on July 23rd we have examined the economic strategy documents recently published by Business for SA, the ANC’s Economic Transformation Committee and re-visited the sadly neglected National Development Plan and identified (with some assumptions) the twenty one sectors targeted for growth which are common to these documents.
