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South Africa’s post Covid-19 economy is looking dire and many South Africans face the prospect of unplanned financial hardship for at least the medium-term.
It is now inevitable that COVID-19 will lead to global recession and the local economy will not be spared. The true extent of its impact is not yet measurable however we are looking at negative GDP growth for the year and potential job losses with the South African Reserve Bank estimating GDP contraction of more than 6%.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?