Finweek - English

Very little relief on the menu for restaurants

south Africans waited with bated breath on 24 May to find out what the government had decided about the lockdown level we would be living under as of 1 June. And while many business owners would have breathed a collective sigh of relief, there are still a vast number of businesses that are not going to be permitted to operate at full tilt – or at all – come 1 June.

Since the national lockdown was first implemented in March, the restaurant industry has been hard-hit. estimates that the lockdown has left close to 800 000 people in the industry without an income. This compares with the 430 000 employees in the country’s mines, according to Stats SA figures. Since the lockdown

You’re reading a preview, subscribe to read more.

More from Finweek - English

Finweek - English2 min read
Healthy Results
BUY SELL HOLD Private healthcare group Mediclinic International’s profits more than tripled for the six months through 30 September, almost reaching pre-pandemic levels. Mediclinic, which is based in London and has hospitals in Southern Africa, Europ
Finweek - English1 min read
Finweek - English
Acting Editor Jaco Visser Managing Editor Zerelda Esterhuizen Journalists and Contributors Simon Brown, Jacques Claassen, Andrew Duvenage, Johan Fourie, Moxima Gama, Mariam Isa, Schalk Louw, David McKay, Maarten Mittner, Andile Ntingi, Timothy Rangon
Finweek - English1 min read
On Margin
This issue’s isiZulu word is izinja. Izinja is dogs. The singular is inja. I don’t have izinja or any other pets. I don’t have pets because I don’t want to take care of an animal. I would never, even though my kids want izinja. I get it. But I also k

Related Books & Audiobooks