Lockdown Economic Results Are In...

Morning Shot

English - August 26, 2020 03:16 - 11 minutes - 4.86 MB - ★★★★★ - 11 ratings
News Commentary News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: Corruption Is Being Dealt With

Next Episode: High Court Legalises Land Invasions (Practically)

I take a look at the economic disaster by the numbers, a third of the middle class is wiped out and UIF halts payments.
Sponsor: https://solarbay.co.za/

Support Morning Shot:
https://morningshot.co.za/fund/
Buy my coffee: https://store10490734.ecwid.com/
Email Me: [email protected]
Follow me on Twitter: @romancabanac
Follow me on Instagram: @romancab87

Sources:

Lockdown economic results
https://www.moneyweb.co.za/news/economy/lockdown-devastated-livelihoods-the-numbers-are-out/

1/3 of middle class wiped out
https://businesstech.co.za/news/wealth/428374/covid-19-has-wiped-out-a-third-of-south-africas-middle-class-study/

Bad debts at the banks
https://www.businessinsider.co.za/coronavirus-bad-debts-impact-on-the-banks-2020-8

UIF halts payments
https://citizen.co.za/business/business-news/2348864/workers-left-in-the-lurch-as-uif-ters-payments-suspended/