A coronavirus ‘double-hit’ – and what it could mean for South Africa

The Organisation for Economic Co-operation and Development (OECD) has published a new economic survey focusing on South African and the impact of the coronavirus pandemic.

Unsurprisingly, the group noted that the pandemic and ensuing lockdown have triggered a sharp drop in activity.

“The 2020 recession follows almost a decade of modest growth. Persistent electricity shortages, rising government debt and policy uncertainty will continue to hold back investment and underscore low growth.

“The economy is set to recover only progressively from the coronavirus recession as sectors…