TIPS Tracker: The economy and the pandemic

Trade and Industrial Policy Strategies’ (TIPS’s) ‘Tracker: The economy and the pandemic’ highlights important trends in the Covid-19 pandemic in South Africa and how they affect the economy. The country moved into Level 3 this week, bringing a heightened risk of contagion as around five million people returned to work and church services reopened. From the past week, however, the pandemic accelerated in Gauteng and the Eastern Cape, with the growth in infections rising to almost 6% a day. At that rate, the number of cases will double every two weeks, and the move to Level 3 could aggravate the situation further.