Load shedding decimates small business turnover
By Edward West | Published Jul 27, 2020
CAPE TOWN - Small businesses experienced the biggest drop in turnover since the initial Level 5 lockdown in the past two weeks due to load shedding. The Yoco Small Business Recovery Monitor showed that small and medium sized business turnover dropped from 72 percent to 60 percent versus pre-Covid levels in the period from July 8 to July 22.