Guest : Giuletta Talevi | companies editor at Financial Mail|

A wave of bankruptcies have been predicted.
We went into the lockdown with the economy on its knees, without resorting to
catastrophism, there is a sense that the economy may collapse completely. Now is not
the time to play politics, or to racialise the crisis. There is no doubt that poorer, more
vulnerable communities may be more adversely affected, but for the country to get
back towards a resilient economy, we need to make sure people have jobs to go back to.
This would mean we need to provide support to those companies that employ people,
large and small. Of course, spaza shops should open to serve local community needs,
but they don’t employ very many people. We need to then provide incentives, tax
breaks and direct assistance to companies that will get people back into their jobs –
and create new opportunities for economic expansion.

Guest : Giuletta Talevi | companies editor at Financial Mail| A wave of bankruptcies have been predicted. We went into the lockdown with the economy on its knees, without resorting to catastrophism, there is a sense that the economy may collapse completely. Now is not the time to play politics, or to racialise the crisis. There is no doubt that poorer, more vulnerable communities may be more adversely affected, but for the country to get back towards a resilient economy, we need to make sure people have jobs to go back to. This would mean we need to provide support to those companies that employ people, large and small. Of course, spaza shops should open to serve local community needs, but they don&rsquo;t employ very many people. We need to then provide incentives, tax breaks and direct assistance to companies that will get people back into their jobs &ndash; and create new opportunities for economic expansion.

Get the best of both worlds with Lester Kiewit, a writer for the Mail & Guardian by day and presenter by night. Rather than looking back at the news of the day, explore new subjects and new perspectives.

Get the best of both worlds with Lester Kiewit, a writer for the Mail &amp; Guardian by day and presenter by night. Rather than looking back at the news of the day, explore new subjects and new perspectives.

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