Economics

Investec Warns of Social Harm If South African Lockdown Endures

  • Investec CEO Titi says country unable to absorb job losses
  • Private sector will need to form part of government’s solution

Pedestrians walk along a sidewalk in the the Central Business District of Johannesburg during lockdown. 

Photographer: Waldo Swiegers/Bloomberg
Lock
This article is for subscribers only.

Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis.

It’s not only the economy at stake. South African society is also at risk if the government extends a five-week lockdown without allowing more industries to get back to work.