101 days of lockdown: What we gained (and lost), and what we have learned
Monday (6 July 2020) was Day 101 of the lockdown.
What have we won?
What have we lost?
What lessons have we learned?
The Money Show’s Bruce Whitfield spoke to Stanlib Chief Economist Kevin Lings.
Nowadays, we’re talking about a 100% decline in some sectors… The extent, particularly in April, nothing like that has been experienced in modern history.Kevin Lings, Chief Economist - Stanlib Asset Management
In the US… they’re starting to recover…Kevin Lings, Chief Economist - Stanlib Asset Management
We think there’ll be a lasting effect… companies will re-evaluate whether they need so many employees… The orders of magnitude are way more than we anticipated when the lockdown started…Kevin Lings, Chief Economist - Stanlib Asset Management
The numbers are starting to put the healthcare system under enormous strain…Kevin Lings, Chief Economist - Stanlib Asset Management
We need savings… one month without income and businesses are at the point of failure…Kevin Lings, Chief Economist - Stanlib Asset Management
Government has been way too focussed on the minute detail of the rules… We underestimate how important the simple things are – wearing a mask, social distancing, washing hands… People, on the whole, are behaving responsibly…Kevin Lings, Chief Economist - Stanlib Asset Management
Listen to the interview in the audio below.
The lockdown has taken down yet another iconic tourist establishment. Kieno Kammies interviews Sisa Ntshona (SA Tourism).Read More
Pent-up demand, excess supply and record low interest rates are fuelling the unforeseen recovery, says Siphamandla Mkhwanazi.Read More
"Exams officially start with English," says Elijah Mhlanga (Dept of Basic Education). "1.1m people are writing - a mammoth task!"Read More
Want to know if you’ve been infected? Kieno Kammies interviews Graeme Pienaar of medical supplier Direct Retail Goods.Read More
Funeral prices are skyrocketing. Refilwe Moloto interviews Manesh Govender (National Funeral Directors Association).Read More
"Covid-19 is being used as an excuse," says the DA’s Glynnis Breytenbach. "We must get on with it!"Read More
Journalist and author Haji Mohamed Dawjee describes ongoing pain, fatigue, fogginess, lack of concentration and forgetfulness.Read More
Professional Educators' Union's Ben Machipi says schools must not be disrupted but is awaiting a meeting with the DBE.Read More
Western Cape Department Of Health HOD Keith Cloete says in the past 7 days only 73 cases reported in Khayelitsha.Read More
Professor Shabir Mahdi, at the NICD explains why immunising as many people as possible once there is a vaccine is crucial.Read More