Policy interventions required to support SA companies in bridging the COVID-19 crisis
News of Edcon's cash crisis and inability to pay suppliers is a clear warning of the serious economic damage the COVID-19 crisis is causing. Edcon has said it will work on a reopening strategy, but may fail to find a viable route without Government and other support. Edcon's current position is not unique and will likely be experienced by many other companies within the economy.