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Experts warn of ‘social unrest ticking time bomb’ amid economic meltdown

Covid-19 3 months ago

The largest survey since the lockdown began, conducted by the Human Sciences Research Council with almost 20,000 respondents, found that almost a quarter had no money to buy food.


07 May 2020
PREMIUM!
Experts warn of ‘social unrest ticking time bomb’ amid economic meltdown

02 May 2020 - Olievenhoutbosch residents gathered in numbers to collect food parcels during Level 4 of the lockdown | Image: Twitter/ Rorisang Kgosana

The combination of an expected multibillion-rand revenue collection shortfall and the Covid-19 economic meltdown spells trouble, with experts worried about the state’s ability to sustain society and warning of a social unrest ticking time bomb. With an estimated seven million job losses on the cards due to the Covid-19 crisis as the economy, which was already taking strain, buckles, the unemployment rate could go as high as a record 50%. This means a smaller tax pool and less revenue for the government to spend on development and social programmes such as education, health and social grants. Detailing the impact of...

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