Based on a study carried out between June and July 2020, 65 percent of the Southern African businesses that took part in the survey faced a drop in the demand for products or services they provide. Moreover, 63 percent of the companies reported that opportunities to meet new customers have been reduced during the coronavirus (COVID-19) pandemic. Furthermore, the lack of operational cash flow embodied a challenge for 40 percent of the respondents.
Main challenges faced by companies during the coronavirus (COVID-19) pandemic in Southern Africa as of July 2020
Characteristic
Share of businesses
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International Economics. (October 1, 2020). Main challenges faced by companies during the coronavirus (COVID-19) pandemic in Southern Africa as of July 2020 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1250515/main-challenges-faced-by-companies-during-covid-19-in-southern-africa/
International Economics. "Main challenges faced by companies during the coronavirus (COVID-19) pandemic in Southern Africa as of July 2020." Chart. October 1, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1250515/main-challenges-faced-by-companies-during-covid-19-in-southern-africa/
International Economics. (2020). Main challenges faced by companies during the coronavirus (COVID-19) pandemic in Southern Africa as of July 2020. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1250515/main-challenges-faced-by-companies-during-covid-19-in-southern-africa/
International Economics. "Main Challenges Faced by Companies during The Coronavirus (Covid-19) Pandemic in Southern Africa as of July 2020." Statista, Statista Inc., 1 Oct 2020, https://www.statista.com/statistics/1250515/main-challenges-faced-by-companies-during-covid-19-in-southern-africa/
International Economics, Main challenges faced by companies during the coronavirus (COVID-19) pandemic in Southern Africa as of July 2020 Statista, https://www.statista.com/statistics/1250515/main-challenges-faced-by-companies-during-covid-19-in-southern-africa/ (last visited July 22, 2024)
Main challenges faced by companies during the coronavirus (COVID-19) pandemic in Southern Africa as of July 2020 [Graph], International Economics, October 1, 2020. [Online]. Available: https://www.statista.com/statistics/1250515/main-challenges-faced-by-companies-during-covid-19-in-southern-africa/