FRIDAY BRIEFING | Looted: How can our economy claw its way back?
Even before the Covid-19 pandemic hit, the economy was already limping along. Then came lockdowns, another round of Eskom power cuts and a slow vaccine rollout. Things did seem to be looking up though with data indicating an acceleration in gross domestic product in the second quarter. The outbreak of violence and looting last week, which were sparked by the arrest and jailing of former president Jacob Zuma after he failed to adhere to a court order to appear at the Zondo Commission, changed that projection. One step forward. Two steps back. The riots started in KwaZulu-Natal and spre...