The BLSA CEO has called for a swifter move to adjusted alert level two of the lockdown, in order to boost the economy and ensure a more positive Q4.
On Tuesday, 7 September 2021, Business Leadership South Africa (BLSA) CEO, Busi Mavuso called for a move to adjusted alert level two as the next logical phase. This is to restore and open up more of the economy fully, as the current alert level three is now hindering important parts of the economy.
Mavuso stressed that the most important front in South Africa’s battle is the economy, noting that loosened lockdown restrictions will help in limiting the damage and ensuring a boost in the fourth quarter. She further emphasised the need for the retail, leisure and entertainment industries to be free to have an outstanding festive season, and for the momentum to be maintained on structural reforms to continue gaining business confidence. Mavuso also called for a quicker move to alert level two by President Cyril Ramaphosa, as this would help in getting the economy back to work sooner.
See the post below.
The previous level 2 included a curfew from 11pm to 4am and required the closure of restaurants, gyms, and theatres by 10pm. I submit that these curfews are unnecessary now, says @BusiMavuso2 in @fin24. https://t.co/YtknXhlGOv
— Business Leadership South Africa (@BLSA_Official) September 7, 2021