Tag: corona virus

The phased or risk-adjusted approach to lift the current national lockdown is welcome news for the agricultural sector, especially those industries mostly affected by the Covid-19 lockdown.

SAICA hosted a webinar on 6 April 2020 where Chief Economist for Investec Bank Limited South Africa, Annabel Bishop, spoke about the effects of Sub-investment grade Status and the Coronavirus on our country’s already struggling economy.

The scale of the national COVID-19 lockdown is unprecedented in living memory. The repercussions – personal, professional, national and international – will reverberate for years to come. As entrepreneurs, we need to be making the right decisions for right now to ensure that our businesses and our people’s livelihoods do not become another casualty of the virus. 

Many employers are asking their teams to work from home, while entrepreneurs who would usually work from a shared space are working from home. This is in order to reduce the risk of employees contracting the COVID-19 virus and adhere to the national lockdown. 

Beware of the marketing experts who warn you not to cut your marketing budget, with their perennial slogan, 'cutting your budget would be an overreaction that could be costly to your company in the long run'.

The scale of the national COVID-19 lockdown is unprecedented in living memory. The repercussions – personal, professional, national and international – will reverberate for years to come. As entrepreneurs, we need to be making the right decisions for right now to ensure that our businesses and our people’s livelihoods do not become another casualty of the virus. 

As the number of confirmed Coronavirus COVID-19 cases rise every day in South Africa, many people are wondering whether they’ll get adequate medical attention should they be diagnosed with the virus.

Employee quarantines, reduced demand, disrupted operations and restricted movements are just a few of the challenges faced by business during the Covid-19 pandemic.

Businesses who are not providing essential services are likely to be directly and severely affected by the lockdown. For those businesses occupying leased premises, while they may retain the use of the leased premises for certain functions, for example storage of their goods and equipment, they will be deprived of the full use and enjoyment of the premises because they cannot continue to conduct trade or conduct business at the premises for the period of the shutdown.

The times we are currently living in are unprecedented. Covid-19 has once again highlighted the reasons why governance - good governance - is a critical function in a democratic country.