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The spread of the Covid – 19 pandemic has led to many governments and lawmakers around the globe taking drastic measures in not only seeking to curb the spread of the pandemic, but at the same time maintaining a healthy outlook on the economy by maintaining businesses afloat in these unprecedented times.
The Minister of Employment and Labour in South Africa has issued amendments to the Directive dealing with claims to the Unemployment Insurance Fund (UIF) as a result of COVID 19.
China is the world’s second-largest economy and leading trading nation, therefore economic fallout from coronavirus threatens global growth. Economists expect China’s economic growth to slump to 4.5% in the first quarter of 2020, down from 6% in the previous quarter – the slowest pace since the financial crisis.
During SYZ’s annual alternatives conference in January, CQS founder Sir Michael Hintze foretold the group of influential investors that an imminent pandemic could hit global markets.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?