Impact of COVID-19 on business turnover range of various industries South Africa 2020
Nearly nine of ten businesses spread across various industries in South Africa reported a turnover that was lower than their normal range in April 2020. This according to a survey conducted on the economic impact of the coronavirus in South Africa. Results varied per industry. 94.4 percent of businesses within the mining and quarrying industry, for example, said they saw they turnover decline, whereas companies active in real estate and other business services were more likely to report a turnover that was within the normal range.
