GDP declined by 7% year-on-year in 2020

Loading player...
Adam Craker, CEO at the Covid Business Rescue Assistance (COBRA) and IQ-Business, discusses the latest GDP data released by Stats SA that revealed that the South African economy suffered a decline of 7% year-on-year in 2020. He also discusses whether there might be hope for small businesses and if the business environment could stabilize again.
16 Mar 2021 12PM English South Africa Business · Daily News

Other recent episodes

Navigating labour law compliance with Labournet

Staying on top of South Africa’s evolving labour legislation and the many compliance requirements that come with it, can be a challenge for business owners. Fortunately, expert guidance is available. Stephné Louwrens, Labour Law Manager at Labournet, joins the OFM Business Hour to unpack some of the latest labour law…
10 Mar 1AM 6 min

What to expect when the labour inspector comes knocking

What should you expect when the Department of Employment and Labour conducts health and safety inspections? Jamie-Lee Basson, Health and Safety Manager at Labournet, joins the OFM Business Hour to unpack the inspection process and explain the potential consequences businesses face if they fail to comply.
5 Mar 10PM 4 min