Based on an online survey conducted between June and July 2020, 80 percent of the Southern African businesses operating in the goods sector that took part in the survey faced a drop in demand for the products and services they provide. Moreover, the lack of operational cash flow represented a challenge for around 68 percent of the respondents. Furthermore, 65 percent of the companies reported that the chances to meet new customers have dropped.
Main challenges faced by businesses in the goods sector 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 businesses in the goods sector 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/1250521/main-challenges-for-companies-in-goods-sector-during-covid-19-in-southern-africa/
International Economics. "Main challenges faced by businesses in the goods sector 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/1250521/main-challenges-for-companies-in-goods-sector-during-covid-19-in-southern-africa/
International Economics. (2020). Main challenges faced by businesses in the goods sector 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/1250521/main-challenges-for-companies-in-goods-sector-during-covid-19-in-southern-africa/
International Economics. "Main Challenges Faced by Businesses in The Goods Sector during The Coronavirus (Covid-19) Pandemic in Southern Africa as of July 2020." Statista, Statista Inc., 1 Oct 2020, https://www.statista.com/statistics/1250521/main-challenges-for-companies-in-goods-sector-during-covid-19-in-southern-africa/
International Economics, Main challenges faced by businesses in the goods sector during the coronavirus (COVID-19) pandemic in Southern Africa as of July 2020 Statista, https://www.statista.com/statistics/1250521/main-challenges-for-companies-in-goods-sector-during-covid-19-in-southern-africa/ (last visited July 22, 2024)
Main challenges faced by businesses in the goods sector 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/1250521/main-challenges-for-companies-in-goods-sector-during-covid-19-in-southern-africa/