Mail and Guardian (South Africa)
This time it’s different: African economies may not survive
It is hardly two months since the minister of finance, Tito Mboweni, in his budget speech confidently likened the South African economy to Aloe ferox, a plant that survives in arid conditions. It wins even when it seems the odds are against it, he said. He went on to reassure MPs that “the South African economy has won before and it will win again”.
Different countries of the world are facing the same crisis with coronavirus, but also particular issues. Here Eddie Rakabe looks at African countries dependent on sensitive sectors such as agriculture and tourism.