SA’s Recovery From COVID-19 Must Start Now – Ramaphosa

CYRIL RAMAPHOSA

AS several parts of our country experience a surge in coronavirus infections, we are also confronted with the economic damage of this pandemic.
 
The most recent economic indicators show a drastic decline in economic activity and in confidence.

Despite the support measures we have put in place, businesses are being forced to close and jobs are being lost.
 
The path to recovery will be long and difficult. And so, it needs to start now.
 
Despite the economic challenges we face, we must continue to work towards the achievement of economic dignity for all South Africans. This is not the time to despair but to act.

It is untenable, and unacceptable, to live with an unemployment rate of 30 percent, which will soon increase.

It is also impossible to build an economy built on inequality.
 
It is often said that South Africans do not lack