Ettienne le Roux: SA faces "unprecedented" economic challenges

With SA's Business Confidence Index dropping to a mere five points (of a possible 100) in the second quarter of 2020, calling tough times ahead is an understatement. In this Moment of Clarity, RMB's chief economist explains how the Covid-19 pandemic and the associated lockdown has knocked confidence to less than half what it was at the very worst points in the past half century.