Obstacles for companies in services sector during COVID-19 in Southern Africa 2020
Based on an online survey carried out between June and July 2020, 56 percent of the Southern African businesses operating in the service sector that took part in the study faced a drop in the demand for the products and services they provide. Moreover, 60 percent reported a decreased opportunity to meet new customers due to the pandemic, while 46 percent addressed a lack of cash flow as a major challenge.
