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Sunday, March 29th, 2020

Inside Covid-19: SA Govt praised for following China Way as its entrepreneurs adjust – Ep 3

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by March 24, 2020 Financial News

BizNews — Episode three of Biznews’s Inside Covid-19 podcast is twice as long as usual as we look back on the momentous lockdown announcement. Jonny Broomberg paints the global picture, highlighting why South African president Cyril Ramaphosa is receiving so many plaudits for Monday night’s announcement of a complete lockdown – and why, from an economic perspective, it took so much courage.A couple of entrepreneurs follow him, with Bernard Swanepoel, wearing his Small Business Institute hat, and then Marc Wachsberger, founding CEO of The Capital, shares how he has adjusted the business to offset the impact of a virus that has laid much of the tourism and hospitality sector to waste.We also hear from experienced money manager Sam Houlie of RECM Counterpoint who explains why he’s spoilt for choice right now, and hasn’t been this eager to buy shares since the Global Financial Crisis. Closing off this episode we hear how the super wealthy are handling the obvious threat of the Covid Crisis to the property sector where many are heavily invested. …

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Author: BizNews The Daily Insider

This article was originally posted on BizNews.

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