It is the lockdown stupid

Friday, August 14, 2020

Trying times: The lockdown lasted from April 2 to May 21, saving lives but costing the economy PIC: PHATSHIMO KAPENG

Over the last eight months, lockdowns, occasioned by COVID-19, have ravaged the economies of many countries right across the globe.

Our own economy is on its knees following the April nation-wide lockdown. Many small-scale companies have gone under, while other companies are retrenching, and workers are subjected to pay cuts.

The situation is going to get worse before it gets better following the latest lockdown imposed on Greater Gaborone because it came just when some companies were beginning to find their feet again financially.

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