Mbalo Brief – March 2022

On 23 March 2022, it marked exactly two years since President Cyril Ramaphosa announced the COVID-19 lockdown (an emergency protocol that requires South Africans to stay at home except for essential purposes) in South Africa for 21 days from 26 March 2020 to 16 April 2020. Although the lockdown was meant to last for only 21 days, stricter lockdown regulations continued to follow amidst the rapid global spread of COVID-19. The COVID-19 pandemic has affected all sectors of the economy such as tourism, mining and education among others. Many industries across the country and world saw their supply chains interrupted, the demand for products and services including turnover declined and have also experienced shortage in supplies and inputs.

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