Full-scale of COVID-19 economic impact yet to be known: Ramaphosa
Updated | By Nushera Soodyal
President Cyril Ramaphosa says it will take a long time to recover the economic loss from the impact of the coronavirus pandemic.
Ramaphosa's been answering questions in the National Assembly in a virtual meeting.
It comes a day after Ramaphosa announced that Level three lockdown restrictions would be relaxed further.
Ramaphosa says at this stage they do not know what the full impact of the pandemic will be.
READ: Edcon to axe 22 000 employees
"We are starting the recovery now, and it is important that we approach this through the balanced strategy that we have decided on - to save lives on the one side and also to preserve livelihoods.
"It is a very delicate balance, but it is a balance that has to be struck because, in the end, we cannot overemphasise the other at the expense of the other."
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