The full impact of South Africa’s “Covid-19 induced hibernation” will only fully emerge in the months and years to come, law firm Hogan Lovells Asia-Africa practice group head Wessel Badenhorst says. Considering that, by the same token, businesses and employees alike are metaphorically fighting for economic survival, Badenhorst noted that the economy and businesses in the country will have to restructure in the months to come as they absorb the blow from the pandemic, with the negative impact being that, in some cases, it may be too much to absorb.
