PRESIDENT Cyril Ramaphosa’s decision to introduce stringent lockdown for the next days will have a devastating effect on the economy and certain industries, particularly the hard-hit hospitality industry.
On Sunday, Ramaphosa announced that South Africa will move to level 4 lockdown, with a complete prohibition on gatherings and the sale of alcohol imposed.
Opposition parties, including the Democratic Alliance (DA), said on Monday that the new measures introduced by government would be a huge blow to the South African economy.
Over 2.3-million people worked in the hospitality industry sector, from professionals to security guards.
It is the second-largest employer after personal services and ahead of the government.
Hotels and restaurants employ roughly another 500,000 people.
The statistics released last week by Statistics South Africa (StasSA) with focus on the accommodation and the food & beverage for the month April 2021, have shown income from accommodation decreased by 32,2% in the
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